IHS Chemical Week

World News and Views :: Top of the News

Venezuela Moves to Nationalize Petrochemical Sector

11:41 AM MDT | June 5, 2009 | Kara Sissell

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 the project. The law is expected to easily pass the National Assembly by the end of next week. The proposal “reserves for the state any basic and intermediate petrochemical activity, as well as the equipment, goods, or services that its maintenance requires, either by direct control of the executive, or by means of companies in its exclusive control,” according to the...

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