ABIPLAST, the Brazilian Plastics Industry Association, confirmed that import duties on polypropylene (PP) had been reduced to zero.
In addition, an import quota of 77000 tons per quarter was implemented.
The authorized amount in the next three months is proportional to the annual import volume of polypropylene homopolymer (243000 tons in total).
ABIPLAST and members of the production chain, including the Brazilian national chemical company, pay close attention to the market every day to assess whether additional measures are needed.
Major producers in the region include: Brazil National Chemical Corporation, petrocuyo, petroquim, essentia and indelpro.
Polypropylene (PP) is used for packaging, ropes, carpets, plastic parts, loudspeakers and automotive parts.