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 Jacques Wagner, governor of Bahia State, Brazil. Chávez: Seeking Brazilian support. Pequiven and Braskem have signed two agreements, one to “study the feasibility of petrochemical units at Camaçari,” and another to evaluate a future jv for fertilizer supply and distribution, according to...

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