IHS Chemical Week

Regions :: South America

Venezuela (52)

Brazil (576)

Argentina (119)


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

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...

Brazil's chemical trade deficit decreases more than 3%
Brazil's chemical trade deficit amounted to $17.2 billion in the first seven months of the year, down of 3.4% year-on-year (YOY), according to the latest figures published by Abiquim (São Paulo), the country’s chemical industry association. The...

Clariant to expand ether amines capacity in Brazil, doubling worldwide production
Clariant will increase ether amines production at the company's Suzano, Brazil facility, the company announced today. The "multimillion Swiss franc" capacity expansion will be completed in two phases over the next 18 months, Clariant says. The...

Momentive selects Brazil site for forest products facility
Momentive Specialty Chemicals (MSC) says it has selected the city of Curitiba, in the state of Parana, Brazil, as the location of its next forest products manufacturing site in Latin America. The site will include base resin manufacturing for wood adhesives...

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ARGENTINA

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...

YPF's petrochemical sales up 23% on higher peso-denominated prices
Yacimientos Petroliferos Fiscales' (YPF; Buenos Aires) sales of petrochemical products—domestic and exports—totaled 1.48 billion Argentine pesos ($178.3 million) in the second quarter, up peso276 million year-on-year (YOY) as a result of an...

Brazil's antitrust authority challenges Braskem's acquisition of Indupa
Brazil's antitrust body CADE (Brasilia) has challenged the proposed acquisition by Braskem of Solvay Indupa (Bueno Aires), Solvay's polyvinyl chloride (PVC) and chlor-alkali business in South America, declaring the deal is potentially anticompetitive, CADE...

Report: Marubeni eyes Argentina's Rio Colorado potash project
Marubeni is interested in taking over a potash project at Rio Colorado, Argentina that was previously being developed by Vale (Rio de Janeiro), according to a report from Argentine news source Página 12. Vale held the concession rights to develop and...

Argentina to exempt biodiesel from 41% consumption tax
Argentina will exempt local biodiesel production from a 41% consumption tax, following a vote in the Argentine congress late last week. The exemption is valid until 31 December 2015, although the executive body may opt to extend it until 2024. The tax...

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