IHS Chemical Week

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March 27, 2015
Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the...
http://www.chemweek.com/regions/south_america/NPE2015-Styrolution-anticipates-demand-for-styrenic-resins-to-remain-strong_68894.html
March 24, 2015
Polyethylene (PE) prices are likely to remain at healthy levels as a result of sustained demand according to Dow Chemical. Converters had refrained from restocking in the first months...
http://www.chemweek.com/regions/south_america/NPE2015-Dow-says-2015-PE-prices-will-be-supported-by-supply-constraints-demand-to-remain-healthy_68857.html
March 24, 2015
“There is a lot of value in plastic often found in landfills, a value that is not getting captured [in the right way], because the plastics are either not being sorted the right...
http://www.chemweek.com/regions/south_america/NPE2015-The-untapped-value-of-plastic-waste-civil-society-and-industry-approaches_68866.html
March 23, 2015
Adama Agricultural Solutions, the leading global off-patent provider of crop protection solutions, today reported its financial results for full-year 2014 and the fourth quarter, ended...
http://www.chemweek.com/regions/south_america/Adama-reports-increased-sales-earnings-growth-rates-among-highest-in-the-pesticides-sector_68796.html
March 19, 2015
PPG today completed a $40 million, 65,000-square-foot expansion of a coatings manufacturing plant at Sumare, Sao Paulo, Brazil. The plant makes resins for electrocoat products for...
http://www.chemweek.com/regions/south_america/brazil/PPG-completes-expansion-in-Brazil_68707.html
March 18, 2015
The three directors that PotashCorp nominated to the board of Sociedad Química y Minera de Chile (SQM; Santiago) have resigned from SQM's board. The announcement follows the...
http://www.chemweek.com/regions/south_america/argentina/PotashCorp-representatives-resign-from-SQM-board_68667.html
March 17, 2015
Ceres (Thousand Oaks, CA) and Raízen (São Paulo) have signed a multiyear collaboration agreement to develop and produce sweet sorghum on an industrial scale. Sweet...
http://www.chemweek.com/regions/south_america/brazil/Raizen-Ceres-agree-to-scale-up-ethanol-production-from-sweet-sorghum_68632.html
March 17, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) says that its board of directors, in an extraordinary meeting on 16 March, decided to terminate the employment contract of...
http://www.chemweek.com/regions/south_america/venezuela/SQM-appoints-new-CEO_68629.html
March 16, 2015
Borealis today announced the closure of a 36.7-million reais ($11.4 million) financing agreement with the Brazilian development bank BNDES to finance expanding Borealis in Brazil. The...
http://www.chemweek.com/regions/south_america/brazil/Borealis-closes-financing-agreement-for-compounding-project-in-Brazil_68590.html
March 11, 2015
Two whistleblowers have implicated Braskem in the corruption scandal surrounding state-owned oil producer Petrobras (Rio de Janeiro), according to a report from newspaper Folha de S...
http://www.chemweek.com/regions/south_america/brazil/Report-Whistleblowers-implicate-Braskem-in-Petrobras-scandal_68438.html
March 11, 2015
Evonik Industries said today that it has been appointed by Shell MDS (Malaysia) as the new distributor for Shell’s Gas-to-Liquid Hardwaxes (GTL Hardwaxes) in South America...
http://www.chemweek.com/regions/south_america/venezuela/Shell-appoints-Evonik-as-distributor-of-GTL-hardwaxes-in-South-America_68432.html
March 9, 2015
Cardia Bioplastics (Melbourne) has decided to discontinue funding of its film- and bag-making operations in Brazil. The company will instead prioritize financial resources to increase...
http://www.chemweek.com/regions/south_america/brazil/Cardia-Bioplastics-closes-Brazil-plant-to-focus-on-AsiaPacific_68386.html
March 5, 2015
Petrobras has confirmed that it plans to divest about $13.7 billion of assets in 2015-16. The planned divestments are a revision of Petrobras's previous plan—announced in...
http://www.chemweek.com/regions/south_america/brazil/Petrobras-raises-divestment-target-to-$13-7-billion_68341.html
March 4, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) posted net income of $78 million in the fourth quarter of 2014, compared with $69 million one year earlier. The comparison...
http://www.chemweek.com/regions/south_america/argentina/SQMs-net-income-up-sales-stable_68294.html
March 3, 2015
Bayer MaterialScience will discontinue production at the Belford Roxo site in Brazil. The facilities, designed to produce 55,000 m.t./year of methylene di-para-phenylene isocyanate...
http://www.chemweek.com/regions/south_america/brazil/Bayer-MaterialScience-to-discontinue-production-in-Brazil_68266.html
March 2, 2015
PotashCorp has signed an agreement to purchase a 9.50% stake in producer and distributor Fertilizantes Heringer (Viana, Brazil) from that company's controlling shareholders for $55.7...
http://www.chemweek.com/regions/south_america/brazil/PotashCorp-acquires-9-5-percent-stake-in-Brazil-fertilizer-firm_68227.html
March 2, 2015
Braskem has entered into a new six-month contract to receive naphtha feedstock from Petrobras. The new contract is valid until 31 August 2015, and the price will be adjusted...
http://www.chemweek.com/regions/south_america/brazil/Braskem-signs-new-six-month-naphtha-supply-contract-with-Petrobras_68224.html
February 27, 2015
Oxiteno, the chemicals business of Ultrapar (São Paulo), posted a 98 million reais ($34 million) Ebitda during the last quarter of 2014 down 9% year-on-year (YOY), according to...
http://www.chemweek.com/regions/south_america/brazil/Oxiteno-Ebitda-drops-in-fourth-quarter_68181.html
February 26, 2015
Petrobras has hired JP Morgan Chase to run $3 billion worth of asset sales planned for this year, according to a Reuters report citing two sources with direct knowledge. ...
http://www.chemweek.com/regions/south_america/brazil/Report-Petrobras-mulls-$3-billion-asset-sale_68115.html
February 25, 2015
Peru’s ministry of energy and mining has reaffirmed the commitment of the government to develop a petrochemical complex in the southern part of the country, the ministry...
http://www.chemweek.com/regions/south_america/venezuela/Perus-government-reaffirms-commitment-to-developing-petchems-hub_68077.html
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