May 2003

Special Report: ACHEMA 2003

ACHEMA Perspective 2003-Argentina

Argentinean petrochemical consumption has increased to almost 6 million metric tons (MMmt) in 2001 as shown in Table 1. However, a sharp decrease in the 2002 GDP (over  - 10%) shou..

Friedlander, A., Instituto Petroquimico Aregentino

Argentinean petrochemical consumption has increased to almost 6 million metric tons (MMmt) in 2001 as shown in Table 1. However, a sharp decrease in the 2002 GDP (over  - 10%) should have strongly reduced the petrochemical consumption last year. Yet, during the last decade, imports have exceeded petrochemical exports (Table 2). The imbalance reached a peak of almost US$800 million in 1997 - 98. In 2001, the trade deficit was greatly reduced, and estimates for 2002 indicate that, for the first time since 1990, a balanced trade situation exists for petrochemicals. This balance resulted from a combination of two

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