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April 24, 2015
Petrobras's net loss totaled 26.6 billion reais ($8.85 billion) in the fourth quarter of 2014, and revenue was 85.04 billion reais, according to the delayed, audited results that the...
http://www.chemweek.com/regions/south_america/brazil/Petrobras-reports-a-big-net-loss-due-to-corruption-charges-asset-writedowns_69811.html
April 20, 2015
Harvest Minerals (Subiaco, Australia) has acquired the Sergi potash project, near Vales in the state of Sergipe, Brazil. Harvest Minerals has entered into a binding agreement with...
http://www.chemweek.com/regions/south_america/brazil/Australia-fertilizer-developer-acquires-Brazil-potash-project_69604.html
April 17, 2015
Brazil's demand for commodity plastics contracted significantly during 2014 compared with the previous year, according to figures released by chemical industry association Abiquim...
http://www.chemweek.com/regions/south_america/brazil/Brazils-demand-for-plastics-contracted-significantly-during-2014_69565.html
April 17, 2015
Brazil's chemical imports during the first quarter amounted to $9.1 billion, down 6.8% compared with the first quarter of 2014, equivalent to about 7.5 million m.t. in volume terms...
http://www.chemweek.com/regions/south_america/brazil/Brazil-chemical-imports-down-in-first-quarter-trade-balance-still-in-deficit_69564.html
April 14, 2015
Petrobras says that it is expecting to release its delayed, audited financial results for the second half of 2014 as early as 22 April. However, Petrobras also has had to clarify the...
http://www.chemweek.com/regions/south_america/brazil/Petrobras-responds-to-reports-of-Braskem-stake-sale_69415.html
April 13, 2015
Arkema has expanded its acrylic resin manufacturing capacity at Araçariguama, Brazil, by 60%, the company announced today. A new reactor will enable Arkema to introduce its...
http://www.chemweek.com/regions/south_america/brazil/Arkema-starts-up-coatings-resins-reactor-in-Brazil_69372.html
April 10, 2015
Praxair has started up multiple plants serving the oxygen needs of Nadir Figueiredo (São Paulo), the company announced today. Praxair’s plants, which are located...
http://www.chemweek.com/regions/south_america/brazil/Praxair-starts-ups-plants-supplying-oxygen-to-Brazil-glass-manufacturer_69336.html
April 10, 2015
Indian pharma major Cipla (Mumbai) says that an EU subsidiary will acquire a company in Brazil. Cipla has definitively agreed to acquire a 100% stake in Duomed Produtos Farmaceuticos...
http://www.chemweek.com/regions/south_america/brazil/Indian-pharma-group-acquires-company-in-Brazil_69324.html
April 10, 2015
The port of Santos, Brazil, in the state of Sao Paulo, remained closed to traffic on 9 April because of an almost week-long fire that continues to burn at storage tanks there belonging...
http://www.chemweek.com/regions/south_america/brazil/Brazils-Santos-port-remains-closed-as-terminal-fire-still-rages_69318.html
April 2, 2015
Braskem has launched an internal investigation into illegal payments it is alleged to have made to Petrobras, Braskem says in a securities filing. Petrobras is embroiled in a...
http://www.chemweek.com/regions/south_america/brazil/Braskem-opens-internal-probe-into-alleged-payments-to-Petrobras_69134.html
April 2, 2015
Clariant says that it has completed the previously announced divestment of the company’s water treatment business located in Argentina, Brazil and Colombia, to Ecolab. In...
http://www.chemweek.com/regions/south_america/brazil/Clariant-completes-divestment-of-water-treatment-business-in-Latin-America-to-Ecolab_69120.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 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/brazil/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/brazil/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 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
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