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Financing model for Propilsur could be defined next quarter, says Braskem

Brazilian petrochemical company Braskem (NYSE: BAK) is studying financing options with Brazil's federal development bank BNDES and Venezuela's state-owned development bank Bandes for its Venezuelan pr...

• Brazil

   Cereplast looks to start local resin production in 24 months, says CEO

  US-based sustainable plastics producer Cereplast (OTCBB: CERP) is looking for a partner in Brazil in...   more

• Regional

   Goodyear's Latin America operating income down 2% in Q3 to US$99mn

  US tire company Goodyear (NYSE: GT) reported operating income for Latin America of US$99mn in the th...   more

• Regional

   Basf's quarterly sales down 2% in South America, Africa, Middle East

  German chemical firm Basf (NYSE: BF) saw sales decrease 2% to 896mn euros (US$1.33bn) in South Ameri...   more

• Brazil

   Braskem's improved resins sales volumes driven by PP, PVC

  The increase in thermoplastic resins sales volumes in Brazil has been driven mainly by polypropylene...   more

• Regional

   Praxair sales in South America decline 17% in July-September

  Connecticut-based Praxair (NYSE: PX), the largest industrial gas company in the Americas, posted thi...   more

• Mexico

   Fortis buys Nypro facility in Chihuahua, to continue expanding into Latin America

  US injection molded and extruded plastic manufacturer Fortis Plastics, through subsidiary FPG México...   more

• Trinidad & Tobago

   Methanex's Q3 production impacted by Atlas outage

  Canadian methanol producer Methanex (Nasdaq: MEOH) produced 445,000t in the third quarter at its met...   more

• Regional

   Methanex reports loss of US$831,000 in third quarter

  Canadian methanol producer Methanex (Nasdaq: MEOH) posted a net loss of US$831,000 in the third quar...   more

• Brazil

   Braskem to invest US$500mn to boost PVC production

  Brazilian petrochemical company Braskem (NYSE: BAK) is planning to invest US$500mn to increase polyv...   more

• Brazil

   Braskem has 60% of "green" PE production already negotiated

  Brazilian petrochemical company Braskem (NYSE: BAK) has negotiated contracts for 60% of its sugarcan...   more

• Regional

   CF Industries revises offer for Terra, adds cash

  Illinois-based fertilizer manufacturer and distributor CF Industries (NYSE: CF) has revised its offe...   more

• Regional

   Terra rejects CF's latest offer, Agrium increases bid for CF

  Iowa-based nitrogen producer Terra Industries' (NYSE: TRA) board of directors has rejected the revis...   more

• Brazil

   Rio Grande do Sul passes law regulating use of plastic bags

  The governor of Brazil's southern Rio Grande do Sul state, Yeda Crusius, has approved a state law pr...   more

• Brazil

   Chemicals sales, output sees quarterly improvement, down in January-September

  Brazil's industrial chemicals production increased 5.1% in the third quarter this year compared to t...   more

• Mexico

   PPQ, Unigel inaugurate 60,000t/y acrylonitrile plant

  Mexican state oil company Pemex's petrochemical arm PPQ and Brazilian petrochemicals group Unigel wi...   more

• Argentina

   IIC approves loan of up to US$65mn for Profértil

  Washington, DC-based Inter-American Investment Corporation (IIC) has approved a loan of up to US$65m...   more

• Mexico

   Pemex Petroquímica produces over 9Mt in January-September

  Mexico's state oil company Pemex's petrochemical arm PPQ produced 9.29Mt of petrochemicals in Januar...   more

• Mexico

   Government looking to bolster chemical, petrochemical industry - says Kessel

  Mexico's government is taking steps to strengthen the chemical and petrochemical industries and incr...   more

• Mexico

   Ethylene XXI excellent opportunity, Pemex considering minority interest, says CEO

  Mexico's Ethylene XXI project is an excellent investment opportunity for the national chemical indus...   more

• Argentina

   PGI buys remaining share in local JV

  US nonwovens producer Polymer Group (PGI) has completed the purchase of the 40% minority stake in Do...   more

• Paraguay

   Committee continues studying plastic bag ban

  The science and technology committee of the Paraguayan lower house of representatives is continuing ...   more

• Mexico

   Mexichem's Q3 profit jumps 130% to US$38.7mn

  Mexican chemical and petrochemical firm Mexichem (BMV: MEXCHEM) reported net income of 515mn pesos (...   more

• Regional

   Basf names new president for South American operations

  German chemical firm Basf (NYSE: BF) has appointed Alfred Hackenberger president of the South Americ...   more

• Brazil

   Fiat acquires local plastic manufacturer

  Italian automaker Fiat has acquired Brazilian plastic auto parts manufacturer Mueller Mineira, locat...   more

• Brazil

   Petrobras could invest in fertilizer plant in Saudi Arabia

  Brazil's federal energy company Petrobras (NYSE: PBR) is considering investing in a fertilizers plan...   more

• Brazil, Chile

   Petrobras acquires lubricants plant in Chile for US$12mn

  Brazil's federal energy company Petrobras (NYSE: PBR) has signed an agreement to acquire Chilean pro...   more

• Brazil

   Fertilizers deliveries down 11.3% in January-September

  Brazilian fertilizers deliveries totaled 16.2Mt in January-September, an 11.3% decrease compared to ...   more

• Brazil

   Providência turns a US$10.5mn profit in Q3

  Brazilian nonwovens producer Providência (Bovespa: PRVI3) reported net profits of 18mn reais (US$10....   more

• Argentina

   Chemical, petrochemical production, sales increase in September

  Argentina's chemical and petrochemical sector saw production increase 7% in September compared to th...   more

• Trinidad & Tobago

   Government looking to add value down the production chain - report

  The Trinidad & Tobago government is focused on creating added value further down the petrochemical p...   more

• Regional

   IN BRIEF SAP spuds Latin America oil, gas council

  Business software provider SAP has established an oil and gas council for Latin America that will ac...   more

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