Brazil and Venezuela in $2.8bn deal

Waggoner, John
April 2007
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p29
Trade Publication
The article reports on the joint venture (JV) agreement between Braskem of Brazil and Pequiven of Venezuela which aims to develop and implement two JV projects in Venezuela. One project includes the construction of an ethane cracker which is expected to operate in the second half of 2011 with a budget cost of $2.5 billion. The other project involves the construction of a $370 million polypropylene plant.


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