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.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|