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Economic Impact on PVC and VCM Capacity, Production, and Consumption in Thailand (2008-2009)

The report reviews Thailand's PVC consumption in 2008, noting an 8% decline due to weak demand from the construction sector amidst economic downturns. Predictions for 2009 suggest a further drop of 1% in domestic PVC demand unless government stimulus measures take effect. Additionally, VCM production fell by 5% in 2008 due to the global economic crisis. Future projections estimate VCM requirements for PVC production to be around 906,000 MT in 2009 assuming a 90% operating rate. This analysis highlights the correlations between economic factors and the PVC industry's capacity.

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Economic Impact on PVC and VCM Capacity, Production, and Consumption in Thailand (2008-2009)

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Presentation Transcript

  1. PVC Committee Capacity, Production and Consumption of PVC Capacity, Production and Consumption of VCM

  2. Capacity, Production and Consumption of PVC Unit : ’000 T/Y 1. Review of 2008 Domestic consumption of PVC was down by 8% in light of weak demand from construction industry due to the weak of economic downturn and political situation, especially in the second half of 2008. 2. Outlook for 2009 and beyond Thailand’s domestic PVC demand is forecasted to drop by -1% in 2009 following the economic situation. However, the demand could be flat if the government stimulus packages are well proceeded and effective.

  3. Capacity, Production and Consumption of VCM Unit : ’000 T/Y 1. Review of 2008 Global economic meltdown caused VCM production to decline by 5% in 2008. 2. Outlook for 2009 and beyond Assuming a 90% operating rate for PVC, it is estimated that VCM required for PVC production will be 906,000 MT in 2009.

  4. PVC and VCM balance in Thailand Capacity, Production and Consumption of PVC Unit : ’000 T/Y Capacity, Production and Consumption of VCM Unit : ’000 T/Y

  5. PVC Capacity Unit : ’000 T/Y

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