21 May 2013 23:30 [Source: ICIS news]
SAO PAULO (ICIS)--Polyvinyl chloride (PVC) demand in Argentina is significantly down from 2012 on the lack of government projects that include the resin, a source said on Tuesday on the sidelines of the Feiplastic 2013 exhibition.
The Argentinean government’s more immediate plans are with polyethylene (PE) pipe to run fibre optic cable for communications, to the exclusion of work with PVC. The fibre optic project is expected to conclude in about two years, the source added.
However, once the fibre optic work is completed, the government is expected to expand water and sewage infrastructure using PVC pipe, which would significantly raise demand for the resin at that time, the source said.
The PVC market in Argentina remains under import license and duty restrictions, not only for raw materials but also for machinery and replacement parts, which have handicapped industrial and commercial operations, according to the source.
Feiplastic continues through Friday.
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