Production of processed plastics industry grows 4.6% in the first half

The production of processed plastics sector grew 4.6% in the first half of 2013 as compared to the same period last year, index 2.2% above the average growth of the processing industry.
According to the data of Econoplast, Economic Bulletin produced by the Brazilian Association of the plastics industry (Abiplast), the best performing sector was the laminates, with 7.5% higher than production for the first six months of 2012, this result more trailer to a point-in-time recovery after a long period presenting negative indices in physical production. Already the packaging segment, which recorded the best figures in the previous year, grew 2% in 2013.
The organisation works with the prospect of growth of 1.5 percent for processed plastics industry by the end of 2013, since the third quarter of the year traditionally presents the best indexes of physical production. However, unlike the first half of 2012, the basis of comparison will also increase, since last year the industry outlined recovery starting in August.
Among the industrial sectors, which showed greater increase were the automotive vehicle, with growth of 14.9%.