Chemical Week Magazine :: Business & Finance :: United States/Americas
Braskem divests water treatment units to Odebrecht Environmental
9:28 AM MST | January 11, 2013 | â€”Kara Sissell
Braskem has sold a water treatment affiliate and a majority stake in a waste treatment firm to Odebrecht Environmental (SÃ£o Paulo) for a combined 652 million reais ($318 million), according to local reports. The assets are part of the CamaÃ§ari petrochemical complex in northern Brazil. Braskem late last month announced the sale of the assets, which include water treatment concern Distribuidora de Aguas CamaÃ§ari and a 54.2% stake in Cetrel, an industrial waste treatment firm. The sale is in line with Braskemâ€™s strategy of streamlining investments to...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee