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Chemical Week Magazine :: Cover Story

Latin America

8:48 AM MDT | October 29, 2010 | Kara Sissell

Latin America’s GDP is expected to grow 5.2% in 2010 with Brazil taking the lead at more than 7%. Economists expect regional growth to recede to about 4% in 2011, but that is still about double the growth expected for advanced economies. Meanwhile, regional polyolefins leader Braskem says it is committed to plans for world-scale manufacturing complexes in Mexico, Peru and Venezuela. Firms also are investing in R&D partnerships aimedat developing Brazilian sugarcane as the "new oil." Latin America bounced back from the global recession faster...

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