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Brazil's plastic manufacturing industry to consolidate

from Latino Business Review

According to one of the representatives within the plastic manufacturing industry in Brazil, the largest players in the industry must consolidate into bigger players in order to improve access to competitive raw materials and boost exports. Jose Ricardo Roriz, the president of the Brazilian national association of plastic industries Abiplast, recently told news sources, the industry, which is comprised of 11,200 companies throughout the country, has been working to increase its export levels, but over the last two years, it has run a deficit of close to $1 billion. more

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