I've seen PVC react with foam but AFAIK it affects the foam rather than the PVC. The end result is that both stick together. Probably plasticisers from the PVC soften the foam and make it sticky. That's why you should never store vintage equipment in its original box without separating any cords from the foam. Now that I think of it the RF cable of the Commodore C-16 I sold some time ago did have melted spots from the packaging!