Venezuela (44)

VENEZUELA

Reports: El Palito complex still offline contradicting PDVSA statement
Petróleos de Venezuela SA (PDVSA; Caracas) says that repair work and preparation for restart are ongoing at its refinery site in El Palito, Puerto Cabello, Venezuela. A power outage caused on 16 February affected the site's various...

Methanex to temporarily shut operations in Chile
Methanex says it expects to idle its Chile operation located at Cabo Negro, in March 2013 because of anticipated insufficient natural gas supply. Methanex is currently operating one plant in Chile at low operating rates. In 2013, planned output from this...

Sika acquires construction chemicals firm in Paraguay
Sika (Baar, Switzerland) says it has agreed to acquire Inatec (Asunción, Paraguay), the market leader in Paraguay in the area of construction chemicals. Financial details of the deal were not disclosed. Inatec, which was founded in 1982, is a privately...

Pemex restarts Camargo ammonia unit
Mexico's state oil company Pemex (Mexico City) says it has restarted its ammonia unit at Ciudad Camargo, Chihuahua state. The plant has been offline since 2002 and was restarted with an investment of $13 million, Pemex says. A fertilizer firm, Soluciones...

APLA 2012: Shale gas alters Latin America's prospects
Competitive raw materials stemming from shale gas development in the US have caused investors to reconsider the timing for planned world-scale projects in Latin America, with the exception of the 1 million m.t./year Ethylene XXI project, which...

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