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Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

Bolivia announces $1.8-billion petchems project (update)

5:17 AM MDT | May 20, 2014 | Francinia Protti-Alvarez

Bolivian president Evo Morales has announced plans for a $1.8-billion petrochemical plant in the department of Tarija in southern Bolivia. The area has the largest proven natural gas deposits in the country and the second largest in South America. “There are two polyolefins projects in Yacimientos Petrolíferos Fiscales Bolivianos's (YPFB; La Paz) strategic plan: a propane dehydrogenation-polypropylene (PP) plant with a capacity of 300,000 m.t./year, slated for startup in 2018.  I believe this is the announcement that was made last week by...

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