Latin: America: Activity Picks Up in Brazil and Mexico

The economic downturn has not halted plans for several major projects, and Braskem (São Paulo) has a hand in nearly all of them. Braskem at CW press time was said to be close to a deal to merge with Quattor, Quattor is a joint venture between Unipar (São Paulo) and Petrobras (Rio de Janeiro), and includes the former Suzano Petroquímica and the Rio Polímeros consortium. The impact of that deal will be felt throughout the region. However, formulators in Brazil have said they will seek some protections on pricing since the merger would...

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