Coelho said the 2014 World Cup in Brazil may reduce the workday , because the Brazilian national team 's match day will be declared a statutory holiday . Will hold general elections by the end of 2014 also means that there will be no industrial policy needed for the introduction of the plastics industry .
Coelho said the government protectionist measures to offset the tax cuts brought all good . Last year , the Brazilian government decided to import tariffs from 14% polyethylene raised to 20%. Brazilian Plastics Association pointed out that this leads to an increase of 3% average cost of raw materials industry , the plastics industry to reduce the government 's policy of payroll tax cuts only 0.5% of the labor costs.Masking tape
Brazilian Plastic Association, said the cost of raw materials such as polyethylene accounted for about 50% of the plastics processing costs, consumption accounts for 39% of Brazil polyethylene thermoplastic resin consumption. In recent years , the government increased the polypropylene, polyethylene import tariffs , but also to the production from South Africa , South Korea and India to impose anti- dumping duties on polypropylene . These measures to protect the country's monopoly Brazilian national chemical company that makes resin prices higher than other local markets in Brazil , but also to the Brazilian plastics processors is difficult to compete with other low-cost rivals.Washi tape
However , the Brazilian Association of Plastic still expects industry output and profits will grow . Because the food sector to benefit from growing demand for plastic packaging , plastic consumption will grow by 2.5 % to 3.5% , consumption growth in the construction sector will be 3.5% to 4%, plastic automotive industry companies also have the opportunity to provide more components.
2013 Brazilian plastics demand growth of 8% , the proportion of imports increased by 20 % compared to 2007 , reaching 12%. Brazilian plastics trade deficit increased by three times compared to 2007 .Sellotape
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