IHS Chemical Week

World News and Views :: Top of the News

Ecopetrol to Buy Petchem Producer Propilco

2:19 PM MST | December 26, 2007 | Michelle Bryner

State oil company Ecopetrol (Bogota) has agreed to purchase Propilco (Cartagena), the largest producer of polypropylene (PP) resins in Colombia, for about $690 million. The acquisition is part of Ecopetrol's five-year $12.5 billion expansion program. The company plans to invest $3.7 billion in 2008 in production and exploration. "This acquisition has an enormous strategic value for Ecopetrol in terms of exploiting synergies in exploration, production, refining and the rest of the petrochemical chain," Ecopetrol says. Until now, Propilco obtained 30% of...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa