Brazil's chemical sales revenue fell 9% year-on-year

Brazil Chemical Industry Association last week said that in the fourth quarter of last year, Brazil's domestic industrial chemical sales revenue increased 31% year-on-year, but the chain fell slightly by 2.54%, mainly due to seasonal factors.

According to statistics from the Brazilian Chemical Industry Association, domestic industrial chemical production in Brazil increased by 3.53% year-on-year in 2009, mainly due to the restoration of full-scale production of some petrochemical complexes in Brazil, and in 2008 there were three of the four petrochemical complexes in Brazil. Work stoppages were carried out; sales revenue decreased by 9.01% year-on-year; consumption (imports and domestic sales of industrial chemicals) fell by 2.9% year-on-year. The association also said that in 2009 the Brazilian chemical industry's capacity utilization rate was 81%, which is comparable to that of 2008.

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