SHANGHAI (May 30, 4:45 p.m. ET) — DuPont Co. traces its history of doing business with China back to 1863. Today, the country generates $3.3 billion in annual sales for the $38 billion global conglomerate. And the market continues to grow, as indicated by DuPont’s latest announcement at the recent Chinaplas show in Shanghai — the expansion of the Shanghai R&D center.
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U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.
Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.
Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.