IHS Chemical Week

World News and Views :: Top of the News

Venezuela Approves Tighter State Petchem Controls (Update)

7:08 AM MDT | June 17, 2009 | Kara Sissell

Venezuela's National Assembly says it has approved a law that will require firms operating in the petrochemical sector to sign joint ventures with state petrochemical firm Pequiven, with Pequiven owning at least 50%. Ángel Rodríguez, head of the National Assembly's energy and mines commission, says the law gives the state greater control of the sector because private firms were previously allowed to have up to 100% stake in petchem operations. The new law could affect FMC, which has a third stake in a phosphorous plant at Morón, Carabobo...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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