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Assessing Latin America’s Potential

12:12 PM MST | December 10, 2007 | Kara Sissell in Buenos Aires

Major M&A deals in Brazil this year will advance the long-sought consolidation of Brazil’s petrochemical industry, and further broaden Petrobras’ and Braskem’s leading roles in the region’s petrochemical industry, according to executives attending last month’s meeting of the Latin American Petrochemical Industry Association (Apla; Buenos Aires). The need for more foreign investment in oil and gas exploration, or other raw material sources, due to decreased production in Argentina, Bolivia, and Venezuela, also drove discussion at...

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