21 May 2013 22:37 [Source: ICIS news]
SAO PAULO (ICIS)--?xml:namespace>
The South American country’s growth has been below expectations for the last three years with only 1-2% GDP increases, while inflation has jumped 6% each year, said Marcos Curti, director of engineering plastics for the
The imbalance between slow GDP growth and higher inflation is dropping
“We do need … in this country to address the competitiveness issue, to provide the conditions for the chemical companies and plastics companies to face the tough competition around the world,” Curti said.
Examples of such a turnaround are out there, he said, pointing to the shale revolution in the
“But our country, if it intends to be global, it needs to act global to be part of the global economy,” Curti said.
To do so,
If all of that was done,
“To reorganise an industry takes time,” he said. “The example of the
Feiplastic runs through Friday.
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