Resin sales in Brazilian companies decline

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The Brazilian Plastics Industry Association recently stated that since the beginning of this year, due to the impact of imported products, the sales of resin from Brazilian companies have declined. The Brazilian Plastics Industry Association expects that the total sales of its member companies by the end of 2012 will be reduced by 8.1% from 2011, and sales revenue will be reduced by 4.9%.

Although the sales volume of PE and PP products declined, due to the new opening of a PVC unit by Breskem in August, the sales volume of PVC is expected to increase substantially. According to the prediction of Brazilian Plastics Industry Association, compared with last year, this year its member company PP sales will be reduced by 11.3%, PE sales will be reduced by 11.7%, PS sales will increase by 4.7%, and PVC sales will increase by 80.9%.

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