IHS Chemical Week

Regions :: South America :: Venezuela

Venezuela’s Chávez Expropriates Venoco, Fertinitro Assets

8:11 AM MDT | October 12, 2010 | Kara Sissell

Venezuela’s president Hugo Chávez says the government has expropriated the assets of lubricants firm Industrias Venoco (Maracaibo) as well as the privately held portions of fertilizer firm Fertinitro in order to better serve the people of Venezuela.  The nationalization of Industrias Venoco and its affiliate companies will enable the government, through state owned oil company Petróleos de Venezuela (Pdvsa), to significantly lower the prices of lubricants, additives, and other automotive products which affect Venezuelans’ cost of...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa