Brazilian Petrochemicals sector expected to be slow in H2

04-Jul-08
Record high oil prices and the weakening US dollar will take their toll on the Brazilian petrochemical industry in the second half of this year. Profit margins will get thinner and revenues are also expected to be hit as a weak dollar adversely affects the industry, whose performance is measured in dollars, and high oil prices have boosted cost of petrochemical feedstock. Current conditions do not indicate a softening of oil prices as well as stronger dollar values in the long term. The Brazilian companies continue to thrive on robust domestic demand.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
Complete Herbert Olbrich cushion vinyl flooring line

Complete Herbert Olbrich cushion vinyl flooring line