Latin America on a roll

Jagger, Anna
December 2007
ICIS Chemical Business;12/17/2007, Vol. 272 Issue 22, p15
Trade Publication
The article discusses the performance of the petrochemical industry in Latin America. Brazilian resin producers have had a good year, aided by a gas crisis in Argentina that hit a key competitor. However, elevated feedstock costs and new start-ups in the Middle East are threatening future profitability. Latin American resins demand is expected to grow at an average rate 4-7%/year between 2001-2011, according to Braskem. Polypropylene is leading, with projected growth of 7%, followed by polyvinyl chloride, at 5% and polyethylene, at 4%.


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