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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
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 24, 2015
The construction of Yacimientos Petroliferos Fiscales Bolivianos' (YPFB; La Paz) previously announced fertilizer complex at Bulo Bulo, Bolivia, is advancing and is 64.4% complete, says...
http://www.chemweek.com/regions/south_america/brazil/Bolivias-YPFB-fertilizer-project-64-percent-complete_68040.html
February 23, 2015
Braskem has not yet approved its 2015 investment budget, and the company's board has decided to take a couple of extra months to refine it because of the volatility in energy markets...
http://www.chemweek.com/regions/south_america/brazil/Braskem-board-yet-to-approve-2015-budget-future-of-Comperj-petchems-project-uncertain_68005.html
February 19, 2015
Evogene's (Rehovot, Israel) wholly owned subsidiary, Evofuel; and Insolo Agroindustrial (Sao Paulo) have signed a collaboration agreement for the selection and optimization of...
http://www.chemweek.com/regions/south_america/brazil/Evogene-signs-castor-bean-collaboration-deal-with-Brazilian-agribusiness-firm_67889.html
February 16, 2015
Plant Impact Plc today announced that it has signed an agreement with Bayer CropScience to develop yield-enhancing technologies for soy cultivation.  The agreement encompasses a...
http://www.chemweek.com/regions/south_america/brazil/Bayer-CropScience-and-Plant-Impact-sign-soy-deal-covering-the-Americas_67815.html
February 12, 2015
Braskem swung to a net loss of 24 million reais ($8.4 million) during the last quarter of 2014; the company broke even in the same quarter of 2013.  Over the whole of 2014...
http://www.chemweek.com/regions/south_america/brazil/Braskem-swings-to-a-net-loss-in-the-fourth-quarter_67757.html
February 9, 2015
The Petrobras board has approved the election—with a majority vote—of Aldemir Bendine as CEO of Petrobras, replacing Maria das Graças Silva Foster, the company has...
http://www.chemweek.com/regions/south_america/brazil/Petrobras-elects-new-CEO-CFO_67649.html
February 5, 2015
Low water levels at hydroelectric dams are putting Brazil at risk of increasingly frequent power cuts, a development that is likely to hurt energy-intensive sectors such as the...
http://www.chemweek.com/regions/south_america/brazil/Lack-of-rain-threatens-Brazils-petchem-industry_67535.html
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