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Time: 2013-05-06

According to "Latin America," published by IHS chemical ****

polyethylene

Market: short supply, opportunities for growth "the report says that by 2025, the polyethylene supply gap in Latin America will reach 5 million tons per year, an increase of 67 percent over the current shortage, which currently exceeds 7 million tons per year. Demand for polyethylene in Latin America is growing rapidly, driven by a growing middle class. However, Latin America's polyethylene production capacity currently lags behind demand, and the planned expansion of polyethylene capacity in the region will continue to lag behind the growth of demand, so that by 2025, about half of Latin America's polyethylene demand will be dependent on imports.