In pace with the growth of the construction sector after the Government relaxed its tight money policy, the PVC pipe industry has enjoyed an increasing demand for its product, which has a broad range of applications.
The improving condition of the PVC industry began in early 1990, after its slump which forced many plants to reduce their activities. However, in 1992 the growth of the industry was slightly hampered as a result of the tight money policy implemented by the Government, which affected the construction sector, the main user of PVC pipes.
The demand for P