Document DDR73vGgkXbBY9LwJRBKw65Ra

NEWS Wayne Interchange Plaza II, 155 Route 46 West, Wayne, New Jersey 07470 FOR IMMEDIATE RELEASE CONTACT: Daniel G. Stanovick Edvard Howard & Co. (216) 376-6500 MARKET FOR VINYL ELECTRICAL MATERIALS CONTINUES TO GROW WAYNE, New Jersey, October 12, 1990 -- The market for vinyl (polyvinyl chloride or PVC) in electrical and electronic applications experienced six percent compoundedaverage annual growth from 1986 to 1989, according to statistics prepared by The Society of the Plastics Industry, Inc. and made available today by the Vinyl Institute Electrical Materials Council (EMC). According to the Council, consumption of vinyl in electrical and electronic applications totalled 573 million pounds in 1989. This was up from 559 million pounds in 1988; 524 million pounds in 1987; and 478 million pounds in 1986. "Vinyl is a versatile and economical material that can be used in a vide range of products, especially those serving the electrical and electronic marketssaid Richard R. (Rick) Smith, EMC Chairman. "Because of its safety, durability and many other performance advantages, flexible vinyl is the predominant material used in vire and cable insulation and sheathing. Increasingly, we are also seeing vinyl compounded for processing into rigid products such as conduit, boxes and receptacles." (more) cTL029687 The Vinyl Institute, A Division of The Society of the Plastics Industry 2 The Council was established in 1989 to promote and expand the use of vinyl in electrical applications. It is part of the Vinyl Institute, the national trade association representing the leading manufacturers of vinyl, vinyl feedstock, additives, and film and sheet products. Headquartered in Wayne, New Jersey, the Vinyl Institute is a division of The Society of the Plastics Industry, Inc. E-90-02 CTL029688