Archives :: Regions :: South America :: Venezuela
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November 12, 2007
A string of major chemical deals in the past year has established a new lineup of major producers in South America. The deals follow months of rising raw material costs as well as a scarcity of natural gas-based feedstocks in some countries, which have increased chemical imports. Overall business in South America is booming, analysts and executives say. Automobile factories in Brazil, Mexico, and Venezuela are running at record capacity, and chemical suppliers are keeping pace with planned expansions to serve that sector, executives say....
November 9, 2007Argentina’s natural gas shortage has curtailed many chemical companies’ operations in the region, but Methanex’s Chilean methanol units are among the hardest hit...
November 7, 2007Pequiven (Caracas) says it has developed a five-year growth plan designed to make it one of the world’s 10-largest chemical producers by 2013. The government-owned chemical maker...
September 21, 2007Arch Chemicals says it has sold its performance urethanes and organics subsidiary Arch Quimica Andina (Santa Rita, Venezuela) to Oxiteno (São Paulo), a subsidiary of Grupo Ultra...
August 1, 2007Toyo Engineering says it has won a major lump-sum, turn-key contract from Pequiven to build a large fertilizer complex at Moron, Venezuela. Toyo is part of a consortium of contractors...
July 31, 2007Pequiven (Caracas) and Braskem (Sao Paulo), 50-50 partners in a planned petrochemical complex at José, Venezuela, say they have selected Basell’s Spheripol polypropylene...
July 27, 2007Basell says its Lupotech T technology has been selected by Poliolefinas Internacionales, an affiliate of Petroquímica de Venezuela and a group of private shareholders, for a...
July 25, 2007Braskem (São Paulo) says it has signed an agreement to form a previously announced 50-50 joint venture with Venezuelan state chemical company Pequiven (Caracas) to build an...
July 25, 2007Venezuela’s Interior Minister Pedro Carreno says federal intelligence officials have dismantled an alleged “web of corruption” within state petrochemical company...
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