Raining petrochemicals

Jagger, Anna
January 2008
ICIS Chemical Business;1/14/2008, Vol. 273 Issue 2, p14
Trade Publication
The article reports on the petrochemical industry in Venezuela. According to analysts, Venezuela's petrochemical revolution is expected to pump investments of some $45 billion into olefins. Venezuela is realizing the importance of adding value to its oil and gas resources by transforming them into chemical products, explains Mario Bello, corporate planning manager at state-owned petrochemical group Pequiven. Meanwhile, experts say that the country needs to increase its plastic resins production to meet rising domestic demand for transformed products.


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