IHS Chemical Week

Archives :: Regions :: South America

Displaying 1 - 20 of 1064 stories.
November 23, 2015
The Japan Bank for International Cooperation (JBIC; Tokyo) signed a loan agreement amounting up to $500,000 with Sun Ace Brasil Industria Quimica e Comercio (Sabi; Sumare, Brazil), the...
November 18, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) reports a net profit of $13.7 million in the third quarter, down about 80% year-on-year (YOY). The results were dented by a...
November 13, 2015
The Federation of Oil Workers (FUP; Rio de Janeiro) and National Federation of Oil Workers (FNP; Rio de Janeiro) have rejected Petrobras’s latest collective bargaining agreement...
November 13, 2015
Latin America, across different countries, faces a series of challenges including reduced incomes in the wake of the oil price fall, plus chaotic government economic and energy...
November 10, 2015
Angus Chemical (Buffalo Grove, IL) has opened a customer application center at São Paulo, to accelerate applications development and increase speed-to-market, the company says...
November 10, 2015
Oxiteno (São Paulo), the petrochemicals subsidiary of Ultrapar (São Paulo), reports a third-quarter operating profit of 173.3 million reais ($45.7 million), up from...
November 9, 2015
Oxiteno (São Paolo) intends to build a $113 million, 170,000 m.t./year ethoxylation unit at its site in Pasadena, TX, more than doubling the original planned capacity. The company hopes to begin construction by the second quarter of 2016, with start-up to come in the fourth quarter of 2017. João Parolín, CEO, says the investment is part of a long-term plan to turn the Pasadena site into a large, integrated production facility capable of supplying the range of Oxiteno’s technology to the North American market....
November 5, 2015
Braskem's third quarter net profit came to 1.48 billion reais ($391.9 million) compared with R$230 million a year earlier. If hedge accounting had not been adopted, Braskem would have...
November 4, 2015
Renewable oils firm Solazyme (South San Francisco, CA) and Bunge (White Plains, NY) say they have expanded their joint venture to include food ingredients. Solazyme CEO Jonathan...
November 2, 2015
Braskem has amended a contract for the supply of naphtha with Petrobras, valid for 45 days, until 15 December, the company says. Braskem and Petrobras had been attempting to agree to a...
November 2, 2015
Brazil's Federation of Oil Workers (FUP; Rio de Janeiro), the country's largest oil union began an open-ended strike on 1 November, interrupting Petrobras' upstream and downstream...
October 30, 2015
Fátima Coviello Ferreira. Brazil's chemical sector had its worst third quarter in nine years with negative trends in production volume, domestic sales, and national demand...
October 28, 2015
Mitsui & Co. (Tokyo) today announced that it has reached an agreement with Dow Chemical to sell its share in their 50-50 joint venture company, Santa Vitória...
October 23, 2015

Styrolution has suspended development of an acrylonitrile-butadiene-styrene (ABS) joint venture with Braskem, citing market conditions in Brazil and the rest of South America. “Sadly, the rapid deterioration of the business climate in the region has significantly increased market and project execution risk,” says Kevin McQuade, CEO, Styrolution.


October 20, 2015
Metals and mining company Vale (Rio de Janeiro) says that its potash production decreased 11% in the third quarter of 2015 compared with the corresponding period of last year, to...
October 19, 2015
Oxea (Dallas) is increasing off-list prices for n-propanol and n-propyl acetate on 1 November. Prices for both products will increase 5 cts/lb in North America and $110/m.t. in South and Central America, as well as Asia, Africa, and the Middle East....
October 15, 2015
A fire broke out at Braskem's site at Santo Andre, Brazil at 16.30 local time on 14 October causing the site to be shut down, the company has announced. The incident occurred at one of...
October 12, 2015
Aberdeen International (Toronto), a resource investment corporation and merchant bank, says it has entered into a share-purchase agreement with Rodinia Lithium (Toronto) to purchase...
October 8, 2015
The National Oil, Natural Gas, and Biofuels Agency (ANP; Brasilia) says that on 7 October in Rio de Janeiro it held the 13th bidding round for exploration blocks. A total of 266 blocks...
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