U.S. Demand Falls Amid Weak Housing Market

U.S. housing woes are taking a toll on vinyl makers. U.S. polyvinyl chloride (PVC) demand from January to July of this year dropped 4.2% from the same period last year, due primarily to the weakening of the housing market, says Steve Brien, global business director/chlor-alkali and vinyls at CMAI (Houston). PVC demand is also tempered, though to a lesser extent, from loss of market share to finished goods imports, CMAI says. Domestic PVC demand for siding has fallen off the trend with U.S. GDP growth, Brien says. This market is expected to improve when the...

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