LATIN AMERICAN PAINT SECTORS ENCOUNTER CONTRASTING FORTUNES
May 9th, 2014
THE COUNTRIES of Latin America may have strong cultural links, but their politics and economies have always varied and this is still the case with the paint and coatings sector. Whilst the whole region has experienced rising incomes over the past decade, this growth has been far from even and is currently under threat – for instance in Venezuela and Argentina, where interventionist governments have impeded trade.Indeed, despite robust demand for paints and coatings in Venezuela, industry insiders say the sector is suffering amidst a government-influenced dollar ...
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