Monday, September 22, 2008

Petrochemicals - Brazil - Abiquim: Plastic resin production up 3.5% in August

Brazil's thermoplastic resin production reached 454,000t in August, up 3.5% compared to July, the association of chemical industries Abiquim said in a statement.


Year-on-year production was up 10.4% in volume terms, Abiquim said.

Despite the August increase, production in the first eight months was down 2.3% at 3.16Mt.

Imports in August stood at 80,800t, up 5.7%, while exports totaled 70,200t, an increase of 3.8%, both compared to the previous month.

Apparent consumption of thermoplastic resins, excluding PET, was up 16.6% in the first eight months of the year at 3.3Mt, according to Abiquim.



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