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Ethylene XXI Project Leads Braskem's Plans for Latin America Growth

11:52 AM MST | November 7, 2011 | Kara Sissell in Buenos Aires

Braskem officials say their Latin America plans remain focused on its 65-35 jv with Grupo Idesa (Mexico City), which is advancing development of its 1-million m.t./year complex at Coatzacoalcos. Braskem continues to evaluate a complex in Venezuela but timing is uncertain, says Rui Chammas, Braskem executive v.p./polymers. ¨Venezuela is an extremely attractive location for a major petrochemicals investment, and I am convinced that at some point a project will be built there,¨ Chammas said, speaking on the sidelines of a petrochemical seminar held November...

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