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Unipar buys out OxyChem’s stake in Carbocloro

6:11 AM MDT | March 29, 2013

Brazilian holding company Unipar has agreed to acquire OxyChem’s 50% stake in Carbocloro for 500 million reais ($273 million). Unipar owns the other 50% of Carbocloro, a producer of chlor-alkali and derivatives based in São Paolo and founded in 1964. The firm, which had revenues of R$887 million in 2009, has annual capacity for 353,000 m.t. of chlorine, 394,000 m.t. of caustic soda, and 140,000 m.t. of ethylene dichloride, according to IHS Chemical’s Directory of Chemical...

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