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Lanxess expects Brazil sales to grow at least 10% in 2010

German chemical firm Lanxess expects to increase sales in Brazil in 2010 as a result of an improved environment in the country's chemical industry, Lanxess CEO in the South American country, Marcelo L...

• Brazil

   Chlorine, caustic soda production improve in January-September

  Brazilian chloralkali production improved in January-September versus the same period last year, chi...   more

• Brazil

   Heringer reverts year-ago loss, reports US$17mn profit in Q3

  Brazilian fertilizer producer Heringer reported net profits of 29.8mn reais (US$17mn) in the third q...   more

• Mexico

   PPQ sees 3% growth in PE market in 2010

  Mexican state oil company Pemex's petrochemical arm PPQ expects the domestic polyethylene (PE) marke...   more

• Regional, Brazil

   Oxiteno's volumes seen rising in Q4, raw material prices to impact Ebitda

  Brazilian chemical company Oxiteno, a wholly owned subsidiary of local chemical, gas and fuel distri...   more

• Brazil

   Plastic sales to rise on presidential election, World Cup

  Sales of plastic in Brazil will rise in 2010 due to two perhaps unlikely factors: the presidential e...   more

• Regional

   PE, PP expansions unlikely to start up before 2013 - consultant

  None of the expansions that have been announced for polyethylene and polypropylene in Latin America ...   more

• Regional

   Asia, Middle East firms to target Latin America - consultant

  Latin America will be a prime target for Middle East and Asian petrochemical firms as they attempt t...   more

• Mexico

   PPQ expects 18% jump in PE sales in 2010 on Swing plant

  Mexican state oil company Pemex's petrochemical arm PPQ expects polyethylene (PE) sales to reach 580...   more

• Ecuador

   Govt receives proposal to build solid waste recycling plant

  Ecuador's industries and productivity ministry (MIPRO) has received a proposal to build a low-densit...   more

• Brazil

   Pirelli plans to invest a further US$100mn

  Italian tire manufacturer Pirelli is planning to invest US$100mn at its industrial site in Santo And...   more

• Brazil

   Ultrapar profits up 9% in Q3 to US$77.4mn

  Brazilian chemical, gas distribution and cargo group Ultrapar's (NYSE: UGP) net profits increased 9%...   more

• Brazil

   Ultrapar approves US$273mn loan from BNDES

  Brazilian chemical, gas distribution and cargo group Ultrapar's (NYSE: UGP) board has approved a loa...   more

• Brazil

   Unipar posts net profits of US$26.3mn in Q3, sees improved margins, demand

  Brazilian petrochemicals group Unipar (Bovespa: UNIP6) reported net profits of 45mn reais (US$26.3mn...   more

• Brazil

   Quattor profits sum US$56.9mn in Q3, down 39% from Q2

  Brazilian petrochemical company Quattor Participações, controlled by local petrochemical group Unipa...   more

• Brazil

   Chemicals exports, imports down in January-October

  Brazilian chemical exports fell 17% in January-October and totaled US$8.5bn, according to national a...   more

• Mexico

   Pemex conducts maintenance at petrochemical complexes

  Mexico's state oil company Pemex, through its petrochemical subsidiary PPQ, is progressing with its ...   more

• Regional

   RiskMetrics recommends CF stockholders tender shares to Agrium's final offer

  Proxy advisory company RiskMetrics has recommended Illinois-based fertilizer manufacturer and distri...   more

• Regional

   Lanxess Latin America Q3 sales down 41.6% to US$217mn

  German chemical firm Lanxess' sales in Latin America in the third quarter fell 41.6% year-on-year to...   more

• Brazil, Colombia

   Braskem to import specialty PVC from Mexichem Colombia, idles São Paulo's plant

  Brazilian petrochemical company Braskem (NYSE:BAK) and Mexichem Colombia, a subsidiary of Mexican ch...   more

• Brazil

   Fertilizer prices down in November

  Nitrogen fertilizer prices fell in Brazil by an average of 1.2% in November compared to October, acc...   more

• Brazil

   Court suspends Heringer's Paranaguá operations

  The federal court of Paranaguá, Paraná state, has suspended temporarily operations of Brazilian fert...   more

• Brazil

   Petrobras to start RPCC refinery expansion works

  Brazilian federal energy company Petrobras (NYSE: PBR) and the Rio Grande do Norte state government ...   more

• Peru

   García to support South Korean investment in petrochemicals

  Peruvian President Alan García has promised the support of his government to his South Korea counter...   more

• Cuba, Venezuela

   First phase of petrochemical projects to begin in 2013-14, investment US$1.3bn

  Cuban-Venezuelan petrochemical joint venture Cuvenpeq's chief executive Tomás Oviedo said that in 20...   more

• Brazil

   Arconvert Brasil opens paper, auto-adhesives films facility in São Paulo

  Arconvert Brasil, a joint venture between Brazilian company Gafor and Italian group Fedrigoni, has o...   more

• Argentina, Brazil

   Solvay Indupa sees net loss of US$37mn in January-September

  Solvay Indupa, the South American subsidiary of Belgian chemical group Solvay, made a net loss of 14...   more

• Peru, Regional

   Stockholders tender 62% of CF shares to Agrium's offer

  Stockholders of Illinois-based fertilizer manufacturer and distributor CF Industries (NYSE: CF) have...   more

• Mexico

   S&P affirms BB rating for Petrotemex, outlook stable

  Ratings agency Standard & Poor's has affirmed its BB long-term corporate credit rating and mxA natio...   more

• Argentina

   Petrobras Energía sells fertilizer unit to Bunge

  The Argentine subsidiary of Brazilian federal energy company Petrobras (NYSE: PBR), Petrobras Energí...   more

• Regional

   Neoris to implement SAP for Cromex

  Latin American IT consultancy firm Neoris has started to implement a SAP (NYSE: SAP) CRM solution fo...   more

• Regional

   Global bioplastics demand forecast to grow 300%, Latin America to see "stellar gains"

  Worldwide demand for bioplastics is forecast to grow 300% to 900,000t in 2013 and be worth some US$2...   more

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