Corrected: Demand for PET sheet declines in Brazil on high resin costs

10 May 2011 16:55  [Source: ICIS news]

Correction: In the ICIS story headlined “Demand for PET sheet declines in Brazil on high resin costs” dated 10 May 2011, please read in the third paragraph … polypropylene (PP) and acrylonitrile-butadiene-styrene (ABS) as alternatives … instead of … polyethylene (PE) as an alternative …. A corrected story follows.SAO

SAO PAULO (ICIS)--Demand for thick-gauge polyethylene terephthalate (PET) sheet in Brazil has declined in the past year with the rise of resin prices, a Brazilian masterbatch manufacturer said on Tuesday.

PET demand for extruded high-gauge sheets used in the production of appliances and large containers was rising 2-3 years ago, said plastics compounder and masterbatch and additives manufacturer Termocolor.

However, the high cost of PET has driven consumers of thick extruded sheets toward polypropylene (PP) and acrylonitrile-butadiene-styrene (ABS) as alternatives, Termocolor said on the sidelines of the Brasilplast trade fair and conference.

Termocolor also develops compound formulations for a variety of resins on customers’ requests to improve product properties or performance.

As a compounder providing services to Brazilian processors of several types of resins, Termocolor noted that polypropylene (PP) demand in Brazil remains robust in 2011 despite high prices; PE markets exhibits moderate growth; and polystyrene (PS) activity is stable.

Termocolor, a player in several plastics markets, said overall resin demand in Brazil was continuing to grow in 2011, but at a slower rate than in 2010.

Brasilplast is a major fair for the plastics industry in South America, and is organised and promoted by Reed Exhibitions Alcantara Machado, a joint venture made up of Reed Exhibitions and Alcantara Machado.

The event runs 9-13 May.

By: Ron Coifman
+1 713 525 2653

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