SAO PAULO (ICIS)–Global demand for polyvinyl chloride (PVC) is “starting to improve” but the market’s overcapacities may take years to be absorbed, an executive at Brazilian producer Unipar said this week.
Alexandre Castro, business director for PVC, said Unipar’s commitment to Brazil remains firm despite historically high input costs, adding the company’s chlorine division is to tap into the deployment of the basic sanitation framework which is aiming to bring universal water sanitation services to all Brazilians by 2033.
Argentina, where Unipar has roughly a third of its operations, remains in a “very difficult situation” but a bottom may have been reached, said Castro, “as things could hardly get worse” and said the upcoming election on Sunday 19 November to elect a new president may start to bring back the lost confidence in the country.
Unipar mostly produces chlorine, caustic soda, and derivatives such polyvinyl chloride (PVC), vinyl chloride monomer (VCM), ethylene dichloride (EDC) and hydrochloric acid (HCl). Construction and water sanitation are two key end markets for the company; it has two production facilities in Brazil and one in Argentina and is building a third one in Brazil’s Bahia state.
Published by: www.icis.com
Jonathan Lopez
17-Nov-2023
