Outlook for vinyls market is positive

Click here to enlarge imageThe future for the vinyls market remains "bright," despite a miserable short-term outlook, says Rick Smith, executive vice-president and director of the chlor-alkali/vinyls team for Chemical Market Associates Inc. (CMAI), Houston.The bright outlook is the result of improved demand and a lack of capacity additions between 1999 and 2005.More capacity requiredAlmost 20 million tonnes of additional vinyl capacity are required to meet future vinyls demand, assuming global operating rates for polyvinyl chloride (PVC), vinyl chloride monomer (VCM), and ethylene dichloride (EDC) at near 95% capacity.EDC is a feedstock for the production of VCM, and PVC is the plastic ...

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