NetComposites

Connecting you to the composites industry

Advertisement

Polinox Lowers Growth Expectations in 2014

  • Tuesday, 30th September 2014
  • 0 comments
  • Reading time: less than a minute

Polinox closed the first half reporting 1% increase in the volume produced compared to the same period of the previous year.

According to Roberto Pontifex, Director of the company, the result determined the downward revision in the growth forecasts in 2014. “We expected 6% growth, but given the performance in the first six months, we should end the year with a 3% increase, at most,” he calculates.

According to projections from the Latin American Composite Materials Association (ALMACO), the Brazilian composites sector has produced 102,600 tons in the first half, 0.5% higher than in the first six months of 2013. For the year, however, ALMACO estimates a 0.9% drop in the total volume processed, which should total 208,000 tons. 


For more information visit:


Share this article


More News


Comments (0)

Sign in or create an account to join in the discussion.

Leave your comment

Advertisement

Upcoming Events

Advertisement

Advertisement

Advertisement

Follow us
Subscribe to our email newsletter

Subscribe to receive our weekly round-up of all the industry's latest news, jobs, events and more!

We'll always keep your personal details secure and will never share them with third parties for marketing purposes. You can unsubscribe at any time. For further details on how we may use your data, please visit our Privacy Policy.