6933-47-7 Information
PVC market in Southeast Asia can not be optimistic|||PVC market in Southeast Asia is not optimistic TOSOH, Japan has recently announced a 6933-47-7 situation survey report pointed out that in Southeast Asia this year, the 6933-47-7 demand for PVC resin are still hesitant like, only minimal rate of growth. by Tosoh Corporation decided originally developed to establish joint ventures in the 6933-47-7 local plan, changed to create a 6933-47-7 100% owned enterprises to enhance the 6933-47-7 mobility and domination, by adjusting the 6933-47-7 enterprise system implementation in Southeast Asia PVC supply chain in the 6933-47-7 region development strategy. the 6933-47-7 TOSOH analysis report pointed out that the 6933-47-7 demand for PVC market in Indonesia this year than last year increased by 20,000 tons, while the Philippines increased by 10,000 tons, only a 6933-47-7 slight increase. This is mainly because the political situation in Indonesia and the Philippines have been in turmoil, economic development, therefore stagnation, which led to its domestic demand for PVC is likely to continue for the depressed state since the second half of last year. In 2000 Indonesia on PVC volume of domestic demand of 250,000 tons, 50,000 tons more than in 1999. in Indonesia originally expected the first half of this year, the domestic PVC market demand situation will be bright, but in fact, due to the unstable political situation and the economic downturn, the market reduced the demand of the PVC pipe, coupled with the higher prices of raw materials, resin, and the rapid decline in demand for PVC in the first half of this year, the market demand is decreased, the country with 86,000 tons annual production capacity of STATOMER company can only reduce operating rate of PVC raw materials of STATOMER company produces vinyl chloride monomer (VCM) is supplied by overseas manufacturers, but this year the price of PVC and VCM gap is getting smaller, very limited production profits, the companys operating trapped difficulties. Indonesias production of PVC manufacturers --- SIP, start adequate, the actual output than its designed annual production capacity of 7000 tons, but more than half of the other countries in the export supply, mainly due to its product quality is better this year, although the Indonesian Council long-term volatile, but the recent trend has stabilized in the second half of the market situation is expected to improve, there may be lead to an increase in demand for PVC, expected its annual demand is about 27 million tons more than last year to 20,000 tons. In 2000 the demand for PVC in the Philippines is about 100,000 tons, its market and Indonesia face similar problems from the water pipe in the first half of the pieces demand to make polyethylene vinyl chloride market performance is beautiful, in the second half due to political instability and the rapid decline in demand due to current market conditions remained chaotic unknown can only be expected that this years demand may be a 6933-47-7 slight increase of 10,000 tons, although the market downturn, the Philippines resin industry (PRII) still in February this year to improve the process debottlenecking, with an annual capacity from 70,000 tons to 90,000 tons; followed by planning the new year production capacity of 70,000 tons in 2002 factory, but many of its domestic market demand conditions, and because of the project period for the new plant will take about 20 months, the possibility of formally started, etc. skeptical, insiders tend to feel that the situation is less optimistic view of TOSOH company originally planned jointly with Mitsubishi Trading Company funded the purchase of 60% PRII shares issue has changed, will become 100% funded the purchase, hoping to increase business flexibility, to achieve the development strategy of its PVC supply chain In addition, the Vietnam PhuMy plastic and chemical companies have recently been carried out ownership restructuring. worry about the supply of the Vietnamese market, there is an excess, another PVC production enterprise in Japan - Marubeni Corporation announced earlier this year suspension of cooperation with enterprises. Marubeni Corporation is one of the original of the joint venture partners. PhuMy plastics and chemicals company after the reorganization, Malaysias state-owned oil and gas company has a 6933-47-7 50% stake in PetroVietnam has 43 % of the shares and the remaining 7% of the shares owned by a 6933-47-7 trading company in Vietnam. design of the new joint venture PVC production capacity of 100,000 tons, is expected to be put into operation in the second half of 2002. Malaysian oil and gas companies from Malaysia The plant of vinyl chloride. In addition, Japans Mitsui Chemicals also have a 6933-47-7 PVC plant in Vietnam. In addition to the product of these two enterprises, the Vietnamese market, there are many cheap imported PVC products, it is estimated that the PVC market in Vietnam competition will be more intense, while in Thailand, Thai Plastic and Chemicals (TPC) recently announced that it will work with the United States, vinyl resins and copolymers manufacturer - Geon Company co-founded the joint venture on a shares. joint venture, called TPC-Geon Company, in Thailand the production of polyvinyl chloride copolymer products are mainly exported to Asian countries and regions including China. Overall, the PVC market in Southeast Asia is still not in the second half of this year There is a big improvement, especially in the current market spot pricing from North America, Europe, Russia, the Middle East is very low, and with the future operations of new plants put into operation, the PVC market in Southeast Asia have the possibility of further deterioration of theDictionary
