07 November 2011 21:49 [Source: ICIS news]
BUENOS AIRES (ICIS)--Demand for polyurea-based coatings could increase in Brazil because the nation is building stadiums to prepare for the upcoming Olympics and World Cup games, an executive with Huntsman said on Monday.
Brazil will host football's World Cup in 2014 and the Olympics two years later.
The two events will require stadiums, which, in turn, will need concrete, said David Hester, vice president of global energy and materials businesses for Huntsman's Performance Products division.
Hester spoke on the sidelines of the 31st Latin American Petrochemical Association (APLA) annual meeting in Buenos Aires.
Polyurea coatings protect concrete from water and chemicals while also giving the material an attractive coating, Hester said.
More business could open if Brazil and other parts of Latin America start new infrastructure projects.
Earlier at APLA, the group's president, Pedro Wongtschowski, said Latin America's transportation infrastructure is inadequate, and it needs to be improved.
APLA lasts through Tuesday.
For more on Huntsman visit ICIS company intelligence
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