24 March 2013 15:58 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS)--Few signs of warmer spring weather are being seen across much of the US in March causing construction activity to get off to a slow start, a purchasing manager said on Sunday.
“Nearly 50% of our business is the construction industry, and this cold weather has really delayed the start of the key demand period for us,” a purchasing manager in the adhesives industry said on the sidelines of the International Petrochemical Conference (IPC).
A storm system is set to bring heavy snow to portions of the Mid-Mississippi and Ohio Valleys as well as the central Appalachians on Sunday. A swath of 6 to 10 inches is forecast from central Missouri to west central Ohio, according to the National Weather Service.
Temperatures at the conference in San Antonio are expected to fall to near freezing on Monday, a city where average March temperatures are 75 degrees F (24 degrees C).
Construction is an important downstream industry for many chemicals including methyl methacrylate (MMA), polyvinyl chloride (PVC), vinyl acetate monomer (VAM), epoxy resins, titanium dioxide (TiO2) and more.
Hosted by the American Fuel & Petrochemical Manufacturers (AFPM), the IPC continues through Tuesday.
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