Sri Lanka’s PP demand expected to grow at 7% in 2012 - trader

06 February 2012 10:08  [Source: ICIS news]

NEW DELHI (ICIS)--Demand for polypropylene (PP) in Sri Lanka is expected to grow by 7% year-on-year in 2012, a trader said on Sunday.

“Last year, consumption of PP in Sri Lanka grew by 6.6% from 2010, but this year is expected to be better,” the trader said on the sidelines of the 8th PlastIndia exhibition at New Delhi which runs from 1-6 February.

Consumption of PP in 2011 was at 40,000 tonnes, mainly driven by the injection, yarn and copolymer segments, the trader said.

“Political stability and growing affluence have halped boost demand for PP,” the source said. 

The entire demand is met by imports, as the country has no local production of PP.

By: Prema Viswanathan
+65 6780 4359

AddThis Social Bookmark Button

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.

Printer Friendly