Brazil Petrochemicals Q4 2018
The Brazilian petrochemicals market is in recovery mode, with rising levels of consumption leading to growth. However,imports are benefiting at the expense of domestic sales of locally manufactured petrochemicals goods, which will ensure thatdomestic basic petrochemicals capacities remain static. There is still plenty of scope for output growth from existing capacities,although rising oil prices will feed through into higher costs of naphtha feedstock.
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