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October 12, 2010
Venezuela’s president Hugo Chávez says the government has expropriated the assets of lubricants firm Industrias Venoco (Maracaibo) as well as the privately held portions...
http://www.chemweek.com/regions/south_america/venezuela/Venezuelas-Chavez-Expropriates-Venoco-Fertinitro-Assets_30134.html
August 9, 2010
Mitsubishi Gas Chemical and Mitsubishi Corporation have started production at their second methanol joint venture with Pequiven in Venezuela. The jv, Metanol de Oriente (Metor)...
http://www.chemweek.com/regions/south_america/venezuela/Mitsubishi-Gas-Chemical-Starts-Up-Large-Methanol-Complex-in-Venezuela_28667.html
June 28, 2010
Speculation is mounting on which businesses BP will sell as part of its announced asset disposal program to strengthen financial liquidity following the oil spill in the Gulf of...
http://www.chemweek.com/regions/south_america/venezuela/Will-BP-Target-Chemicals-in-Asset-Disposal-Plan_27702.html
May 28, 2010
Chávez sought Clark Inciarte's resignation but gave him his job back a week later after receiving a detailed report showing the resins price increase was justified. Chávez says officials at state-owned companies must obtain his authorization before increasing prices. Venezuela's January 2010 currency devaluation and years without any increases for resins made the 45% rise necessary, executives say....
http://www.chemweek.com/regions/south_america/venezuela/Chavez-Reinstates-Pequiven-President-After-Polyolefins-Pricing-Controversy_27078.html
May 26, 2010
Rhodia has said today that it will close its acetate filter tow manufacturing facility in Valencia, Venezuela by year end. The facility employs about 120 people. The closure of the...
http://www.chemweek.com/regions/south_america/venezuela/Rhodia-to-Close-Acetate-Filter-Tow-Plant-in-Venezuela_27026.html
April 29, 2010
Braskem (São Paulo) and Venezuela’s state owned petrochemical company Pequiven (Caracas) have reached an agreement to “evaluate a new model” for planned...
http://www.chemweek.com/regions/south_america/venezuela/Braskem-and-Pequiven-Scale-Back-Venezuela-Projects_26390.html
April 8, 2010
BASF says it will establish two new polyurethane (PU) solutions system houses at Chongqing, China and Cartagena, Colombia. The Chongqing PU system house will have local...
http://www.chemweek.com/regions/south_america/venezuela/BASF-to-Establish-Polyurethane-System-Houses-in-China-and-Colombia_25859.html
January 20, 2010
Venezuela’s state petrochemical company Pequiven (Caracas) says it will continue operations at its three major petrochemical complexes, although it is studying the possibility of...
http://www.chemweek.com/regions/south_america/venezuela/Pequiven-Details-Operational-Changes-in-Response-to-Power-Rationing_24184.html
January 5, 2010
Technip has been awarded a reimbursable contract by Polimerica (Caracas) to perform front end engineering design (FEED) for a previously announced ethylene plant at Jose, Venezuela...
http://www.chemweek.com/regions/south_america/venezuela/Technip-Awarded-Ethylene-Contract-in-Venezuela_23890.html
June 26, 2009
Venezuela’s National Assembly has finalized a law that will require petrochemical firms to sign joint ventures with state petchem firm Pequiven, which would take at least a 50%...
http://www.chemweek.com/regions/south_america/venezuela/Venezuela-Finalizes-Petchem-Plan_19813.html
June 17, 2009
Venezuela’s National Assembly has proposed a law to assume greater control of the petrochemical sector, a move that was widely expected to pass into law by CW presstime. The...
http://www.chemweek.com/regions/south_america/venezuela/Venezuela-Aims-to-Nationalize-Petrochemical-Sector_19621.html
June 5, 2009
Venezuela’s National Assembly has advanced a law to nationalize petrochemical plants, and will allow foreign investment in petrochemicals only if Pequiven has a majority stake in...
http://www.chemweek.com/regions/south_america/venezuela/Venezuela-Moves-to-Nationalize-Petrochemical-Sector_19382.html
May 26, 2009
Venezuela’s state petrochemical company Pequiven (Caracas) and Brazilian petrochemical firm Braskem (São Paulo) are considering the possibility of cooperating on...
http://www.chemweek.com/regions/south_america/venezuela/Braskem-Pequiven-Consider-Investment-at-Camaçari_19151.html
April 10, 2009
Venezuelan president Hugo Chávez and the government of Japan have signed 12 agreements to explore energy, infrastructure, and petrochemical projects in Venezuela. Chávez...
http://www.chemweek.com/regions/south_america/venezuela/Venezuela-and-Japan-Study-Petchem-Investments_18176.html
April 7, 2009
Venezuelan president Hugo Chavez and the government of Japan have signed 12 bilateral agreements to study the feasibility of Japanese firms investing in energy, infrastructure and...
http://www.chemweek.com/regions/south_america/venezuela/Venezuela-and-Japan-to-Study-Petchem-Investments_18095.html
February 27, 2009
Technip has been awarded a letter of intent to supply technology and engineering services for an ethylene plant that will form part of a previously announced petrochemical complex at...
http://www.chemweek.com/regions/south_america/venezuela/Technip-Selected-for-Venezuela-Cracker_17308.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/venezuela/Gail-India-Plans-Petchem-Project-in-Colombia_14087.html
July 21, 2008
Pequiven and Braskem (São Paulo) say they will decide within two months which technology they will select for a previously announced 1.3-million m.t./year ethylene plant at...
http://www.chemweek.com/regions/south_america/venezuela/Pequiven-and-Braskem-to-Decide-on-Cracker-Technology_13110.html
April 1, 2008
Intensified Latin American M&A activity last year created a more streamlined regional petchem sector with remaining players better able to invest in upgrades and new facilities...
http://www.chemweek.com/regions/south_america/venezuela/Latin-America-Streamlines-Firms-Forge-Stronger-Links-to-Refining_11135.html
January 14, 2008
Further details on the many mega-crackers planned for Latin America are expected to emerge this year, although it will likely remain unclear which of those projects will go forward...
http://www.chemweek.com/regions/south_america/venezuela/Latin-America_9767.html
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