Demand for PVC seen as weathering Asian downturn

11/23/1998
World PVC Growth [87,023 bytes] Global PVC Operating Rate Comparisons [84,730 bytes] Worldwide demand for polyvinyl chloride is expected to grow 4.6%/ year during 1996-2002. That growth rate will occur despite the short-term slow growth forecast for 1998-99 resulting from financial and currency crises in Asia, says Chemical Market Associates Inc. (CMAI), Houston. Demand for PVC grew at an average annual rate of 4.6% during 1992-96. PVC markets experienced strong growth in 1996, with world demand increasing by 7.4% from the previous year, said Rick Smith, CMAI's director of chlor-alkali and vinyls. He spearheaded the company's 1997-98 world vinyls anal...
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