World News and Views :: Projects
Pequiven Eyes Massive Chemical Expansion
11:01 AM MST | November 7, 2007 | Natasha Alperowicz in Düsseldorf
Pequiven (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 will invest $20 billion, part of which will go toward construction of six chemical complexes, said Francisco Toro, director at Pequiven, at the 2007 K plastics exhibition, held last week at Düsseldorf, Germany. Sales will rise to $20 billion in 2013, from $1.74 billion last year, Toro says. Toro was soliciting interest from potential joint venture partners to join Pequiven in...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee