TITLE

Bolivia project cools as Braskem's sights turn

AUTHOR(S)
Jagger, Anna
PUB. DATE
May 2007
SOURCE
ICIS Chemical Business;5/7/2007, Vol. 2 Issue 65, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of chemical company Braskem to suspend its petrochemicals project with energy group Petrobras on the Bolivia/Brazil border. Braskem suspended its plans to invest in the proposed petrochemicals complex in the country after the announcement of the nationalization of its oils and gas reserves. The company would need to wait for the outcome of Petrobas' asset negotiation with the government. Braskem has signed a joint-venture agreement with Pequiven of Venezuela.
ACCESSION #
25401643

 

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