|
Venezuela (24) Brazil (133) Argentina (15)
VENEZUELA Pequiven Details Operational Changes in Response to Power Rationing
Venezuela’s state petrochemical company Pequiven (Caracas) says it will continue operations at its three major petrochemical complexes, although it is studying the possibility of planned shutdowns for certain product lines, focusing on those with enough... Technip Awarded Ethylene Contract in Venezuela
Technip has been awarded a reimbursable contract by Polimerica (Caracas) to perform front end engineering design (FEED) for a previously announced ethylene plant at Jose, Venezuela. The plant will be designed to produce 1.3 million m.t./year of ethylene and... Venezuela Finalizes Petchem Plan
Venezuela’s National Assembly has finalized a law that will require petrochemical firms to sign joint ventures with state petchem firm Pequiven, which would... Venezuela Aims to Nationalize Petrochemical Sector
Venezuela’s National Assembly has proposed a law to assume greater control of the petrochemical sector, a move that was widely expected to pass into law by CW presstime. The proposal would allow private investment in petchems only if state-owned... Venezuela Moves to Nationalize Petrochemical Sector
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... More Stories » BRAZIL Braskem’s Loss Narrows, Sales Rise
Braskem reported a fourth-quarter net loss of R$893 million ($496.7 million), compared with a net loss of R$2.1 billion in the same period of 2008. The relative improvement was driven by better operating performance and the depreciation in the dollar against... Braskem and Idesa Advance Mexican Complex
Braskem and Idesa have approved a previously announced joint venture to build a $2.5-billion, 1-million m.t./year ethylene complex at Coatzacoalcos, Mexico. Braskem and will hold a 65% stake in the venture, Idesa 35%. Mexico’s state owned oil firm... ETH and Brenco Merge
Sugar and ethanol company ETH Bioenergia (São Paulo) and renewable energy company Brenco (São Paulo) say that ETH has taken over Brenco and that they have completed an asset merger process. The two companies had signed an agreement last October... Braskem to Buy Sunoco’s Polypropylene Business
Brazilian polyolefins producer Braskem (São Paulo) says it will buy Sunoco Chemicals’ polypropylene (PP) business for about $350 million in cash. The sale includes Sunoco’s PP manufacturing facilities in Marcus Hook, PA, La Porte, TX, and... Mosaic to Sell Fertilizer Assets in Brazil
Vale, which is acquiring Bunge's Brazilian fertilizer business, is the buyer.... More Stories » ARGENTINA Polymer Group Buys Remaining Stake in Argentine JV
Polymer Group (Charlotte, NC) has purchased the remaining 40% stake in Dominion Nonwovens Sudamericana, S.A. (PGI Argentina; Buenos Aires) from its partner, Guillermo E. Kraves, the company announced today. PGI Argentina is now fully owned by... Solvay Indupa Shuts São Paulo PE Unit
Solvay Indupa (Buenos Aires) says it has permanently closed its Brazilian polyethylene unit at Santo André, São Paulo state. The slurry, high density polyethylene (HDPE) unit has... Braskem and Pequiven Consider JV in Northern Brazil
Venezuela’s state-owned petrochemical company Pequiven (Caracas) and Brazil’s largest petrochemical firm Braskem (São Paulo) are considering a joint venture to build a petchem plant at the Camaçari, Brazil petchem complex, says... Brenntag Buys Argentine Distributor
Brenntag says it has acquired the chemical distribution assets of polyurethane and industrial chemical distributor Inquimex (Buenos Aires) for an undisclosed sum. Inquimex’s customers include Dow Chemical in Argentina and Profertil (Buenos Aires). The... Syngenta Buys Argentine Seeds Firm
Syngenta says it has agreed to acquire SPS Argentina (Buenos Aires), a corn, soybean, and sunflower seed company. Terms were not... More Stories »
|
.png)
