IHS Chemical Week

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September 8, 2008
Integrated Biodiesel Industries (IBI; São Paulo) says it will invest $300,000 to acquire a former chemical plant at Jau, Brazil and convert it into a 20,000-m.t./year glycerin...
http://www.chemweek.com/regions/south_america/brazil/Biodiesel-Firm-Invests-in-Glycerin_14016.html
September 7, 2008
Gail India (New Delhi) plans to set up a ‘mega’ petrochemical plant in Colombia, and Reliance Industries could be a partner in the project, say reports. The project is in...
http://www.chemweek.com/regions/south_america/brazil/Gail-India-Plans-Petchem-Project-in-Colombia_14087.html
August 26, 2008
Reliance Industries is in talks with Brazilian oil company Petrobras to set up two petrochemical joint ventures in Brazil, which could involve a total investment of up to $6 billion...
http://www.chemweek.com/regions/south_america/brazil/Reliance-Petrobras-Mull-Petchem-JVs-in-Brazil-Update_13749.html
August 21, 2008
Reliance Industries is in talks with Brazilian oil company Petrobras for setting up two petrochemical joint ventures in Brazil, which would involve a total investment of about $6...
http://www.chemweek.com/regions/south_america/brazil/Reliance-Petrobras-Mull-Petchem-JVs-in-Brazil_13732.html
August 18, 2008
Braskem (São Paulo) reported second-quarter net income up 36%, to R383 million ($244 million), compared with the year-ago period. Braskem attributes the increase primarily to...
http://www.chemweek.com/regions/south_america/brazil/Braskems-Earnings-Rise-on-Favorable-Currency-Exchange-Rates_13605.html
August 18, 2008
Oxiteno parent company Grupo Ultra (Sáo Paulo) has agreed to purchase the Texaco brand fuels marketing business in Brazil from Chevron. Ultra will pay about $720 million for the...
http://www.chemweek.com/regions/south_america/brazil/Ultra-Buys-Texaco-Brand-in-Brazil_13608.html
August 18, 2008
Braskem says it has signed an agreement with Brazil’s state-owned oil firm Petrobras and Peru’s state-owned oil firm PetroPeru to study a petrochemical complex in Peru. The...
http://www.chemweek.com/regions/south_america/brazil/Peru-and-Brazil-Jointly-Study-Petchem-Complex_13640.html
August 18, 2008
BASF says it has widened the scope of a previously announced divestment of the company's global styrenics business and has reorganized the activities in preparation for the sale...
http://www.chemweek.com/regions/south_america/brazil/BASF-Widens-Scope-of-Proposed-Styrenics-Sale_13687.html
August 12, 2008
U.K. government body the Renewable Fuels Agency (RFA; St. Leonards-on-Sea, U.K.) in its first monthly report on the supply of biofuels in the U.K. has identified that between mid-April...
http://www.chemweek.com/regions/south_america/brazil/Only-19-percent-of-U-K-Biofuels-Meet-Environmental-Standard_13549.html
July 22, 2008
Mossi & Ghisolfi (M&G; Tortona, Italy) says it will expand capacity of polyethylene terephthalate (PET) at Ipojuca, Brazil, from 450,000 m.t./year, to 650,000 m.t./year...
http://www.chemweek.com/regions/south_america/brazil/Mossi-and-Ghisolfi-Expands-PET-in-Brazil_13077.html
July 14, 2008
Braskem (São Paulo) says it has appointed Bernardo Gradin as its new CEO, replacing Jose Carlos Grubisich, who will become CEO of Odebrecht’s (Salvador, Brazil) sugar and...
http://www.chemweek.com/regions/south_america/brazil/Braskem-Names-New-CEO_12961.html
July 1, 2008
Wenning: Big growth region. Bayer plans to invest about €100 million ($155 million) at sites in Brazil, its biggest market in Latin America, through the end of 2009, says CEO...
http://www.chemweek.com/regions/south_america/brazil/Bayer-to-Invest-$155-Million-in-Brazil-Operations_12715.html
July 1, 2008
Hercules says it has acquired Logos Quimica (São Paulo), a supplier of specialty chemicals as well as technology and services for the pulp, paper, and coatings industries. Terms...
http://www.chemweek.com/regions/south_america/brazil/Hercules-Acquires-Brazilian-Firm_12720.html
June 23, 2008
Bayer plans to invest about €100 million ($155 million) at its Brazilian sites through the end of 2009, says CEO Werner Wenning. Bayer will invest €40 million to modernize and...
http://www.chemweek.com/regions/south_america/brazil/Bayer-to-Invest-100-Million-in-Brazil_12638.html
June 2, 2008
BASF says it plans to build a plant for sodium methylate at Guaratinguetá, Brazil, the company’s biggest site in South America. The plant will have a capacity of 60,000...
http://www.chemweek.com/regions/south_america/brazil/BASF-to-Construct-Sodium-Methylate-Plant-in-Brazil_12240.html
May 27, 2008
MeadWestvaco Specialty Chemicals (Charleston, SC) says it has agreed to acquire a 50% stake in Resitec Industria Quimica (Rio de Janeiro), a producer of synthetic rubber, resins, and...
http://www.chemweek.com/regions/south_america/brazil/MeadWestvaco-Buys-Stake-in-Resitec_12101.html
May 20, 2008
Braskem reported first-quarter net profits down 35%, to R$83 million ($49 million), compared with the same year-ago period. Consolidated Ebitda fell 32%, to R$583 million, due to...
http://www.chemweek.com/regions/south_america/brazil/Braskems-First-Quarter-Profits-Fall_11957.html
May 7, 2008
Braskem and Petroquisa have started production at their joint polypropylene (PP) plant at Paulinia, Brazil. Total investment in the 350,000-m.t./year facility was R$700 million ($418...
http://www.chemweek.com/regions/south_america/brazil/Brazilian-PP-Plant-Goes-Online_11734.html
April 25, 2008
BP says it will acquire a 50% stake in Tropical BioEnergia, a jv between Santelisa Vale Bioenergia (Sertaozinho, Brazil) and Maeda Group (Goiás, Brazil), for approximately Rs100...
http://www.chemweek.com/regions/south_america/brazil/BP-Takes-50-percent-Stake-in-Brazilian-Biofuels-JV_11569.html
April 8, 2008
Lanxess says it has completed the acquisition of Braskem and Unipar’s combined 70% stake in synthetic rubber producer Petroflex (Rio de Janeiro, Brazil) for...
http://www.chemweek.com/regions/south_america/brazil/Lanxess-Completes-Synthetic-Rubber-Deal-in-Brazil_11226.html
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