IHS Chemical Week

Regions :: South America

Venezuela (52)

Brazil (579)

Argentina (123)


VENEZUELA

Sirius signs potash offtake agreement with Central American distributor
Sirius Minerals (London), which is developing the world’s largest and highest grade deposit of polyhalite, announced today the signing of an additional binding take-or-pay offtake agreement for polyhalite from the York potash project in the United...

Pequiven, Braskem, Odebrecht to build ammonia production, urea granulation plant in Venezuela
Petroquímica de Venezuela (Pequiven), Braskem, and construction company Norberto Odebrecht (Salvador, Brazil) will build an ammonia and granulated urea plant at Pequiven's José Antonio Anzoátegui, Venezuela manufacturing complex, Pequiven...

Cytec opens mining chemicals technical center in Chile
Cytec Industries says it has opened an expanded office and lab facility at Santiago. The facility houses sales, technical service, and support experts. “The mining industry in Latin America is growing significantly, and we are now even more equipped...

Pequiven starts up ammonia plant
Production has started at  Petroquímica de Venezuela's (Pequiven; Valencia, Venezuela) new 1,800-m.t./day ammonia plant at the Morón petrochemical complex in Carabobo State, Venezuela, the company has announced. The plant uses reformed...

Pequiven to invest $4 billion to develop new plastics capacity
State-owned Petroquímica de Venezuela (Pequiven; Caracas) will invest $4 billion to build new polymer plants in western Venezuela. Pequiven estimates that it will increase installed plastics capacity to 2.02 million m.t./year, from...

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BRAZIL

Merck Serono confirms pharma alliance with Lupin targeting emerging markets
Merck Serono, the biopharmaceutical division of Merck KGaA, today confirmed that it is establishing a long-term strategic partnership with Lupin (Mumbai). Lupin will support Merck Serono implement the company’s initiative to expand its general medicines...

Momentive completes Brazil epoxy resins plant
Momentive Specialty Chemicals (Columbus, OH) has completed construction of a production facility at Itatiba, Brazil, that will produce epoxy resins and curing agents for large-diameter wind turbine blades, the company announced on 8 September....

Report: Braskem, Petrobras fail to agree on naphtha contract price; extend existing deal until February 2015
Petrobras and Braskem have extended the terms of their existing naphtha supply contract for six months after the companies failed to reach an agreement on the price, according to a report from Brazilian newspaper Folha de S. Paolo. The extension maintains the...

DuSolo Fertilizers receives environmental, operating licenses for DANF expansion in Brazil
DuSolo Fertilizers (Vancouver) has received environmental and operating licenses for a direct application natural fertilizer (DANF) processing capacity expansion in the Cerrado region of Brazil, DuSolo says. DuSolo's processing facility includes crushing and...

Report: Braskem could halt two units if naphtha-contract talks with Petrobras fail
Braskem could be forced to halt operations at two of its production units in Brazil in the coming weeks if talks with Petrobras over naphtha-supply pricing do not come to an agreement, according to a report from Brazilian newspaper Folha de S. Paolo. The...

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ARGENTINA

Chile's financial regulator fines SQM CEO and 7 others a combined $163 million for illegal share trading
Chile's financial regulator SVS (Santiago) has levied a combined $163-million fine on eight individuals and the country's largest brokerage firm, Larrain Vial (Santiago), for their involvement in the illegal trading of Sociedad Química Minera de Chile...

Argentina's polymer and synthetic rubber output up 31% in July
Argentina's output of polymers and synthetic rubber rose 31.4% year-on-year (YOY) in July, according to national statistics office Indec (Buenos Aires). Overall production of polymers and synthetic rubber was up 6% in the first seven months of 2014 compared...

Petronas, YPF to develop uncoventional hydrocarbons in Argentina
Petronas (Kuala Lumpur) and Yacimientos Petroliferos Fiscales (YPF; Buenos Aires) have signed an agreement covering the development of unconventional hydrocarbons in Neuquén Province, Argentina, YPF says. The project requires a total investment of $550...

SQM's second-quarter net profit drops almost 35%
Sociedad Química y Minera de Chile (SQM; Santiago) reports a net profit of $71.1 million for the second quarter, down almost 35% year-on-year (YOY). Pretax profit also fell, to $100.9 million from $143 million in the year-ago quarter, and revenue...

Report: Billionare Soros more than doubles stake in Argentina's YPF
Billionaire George Soros has more than doubled his stake in Yacimientos Petroliferos Fiscales (YPF; Buenos Aires), purchasing 8.47 million shares during the second quarter, Bloomberg reports. Soros's stake now stands at 3.5% of YPF's American depositary...

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