New Market Report: Brazil Petrochemicals Report Q2 2013
BMI View: Brazil's domestic industry is unlikely to benefit much from the expected recovery in demand in 2013 and over the long-term will be increasingly challenged by the expansion of low-cost ethane-fed production in the US. Brazil will need to stimulate industrial growth in the chemicals segment, which has taken a hit because of the strong real and high naphtha feedstock costs. Nevertheless, there remain some tremendous potential growth opportunities in the local market and if productivity improves and input...
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