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Report: Braskem's investment in Comperj petchem project valued at more than $3.2 billion

12:05 PM MST | February 13, 2013 | Francinia Protti-Alvarez

The petrochemical portion of the Complejo Petroquimica Rio de Janeiro (Comperj) project at Itaborai, Brazil, will eventually require an investment of more than $5 billion, says Carlos Fadigas, president of Braskem, quoted in a R7 Notícias report. The initially announced project foresaw the building of a refinery and petrochemical complex but following studies, the project was split in two. Investments announced so far for the Comperj petrochemicals project are valued at $3.2 billion and will be provided by Braskem. The Comperj plant will make polyethylene...

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