Olympics, World Cup Spark Demand for Brazilian Paint

摘要

This year Brazilian paint and coatings officials expect 1.5 billion liters in total sales and they predict 2.0 billion liters in sales within a few years' time, buoyed by the strong economy and growing consumer spending. Brazil's Associacao das Fabricantes de Tintas (Abrafati), the national paint manufacturers' association, also expects that the 6.7 percent growth rate projected at the end of 2010 will be exceeded, according to a recent statement by Abrafati President Dilson Ferreira, in Sao Paulo. Last year, the industry expanded by a record 10 percent overall, with industrial segment sales even higher.