26 March 2008 23:18 [Source: ICIS news]
BUENOS AIRES (ICIS news)--With the inauguration of a new production facility at Paulinia in Sao Paulo, Brazil next April, Braskem plans to increase its market share in South America, a company source said on Wednesday at an international trade expo.
“The consumption of the prolypropylene is increasing by 10% every year in ?xml:namespace>
In 2007, the apparent consumption for PP was of some 229,120 tonne/year, according to Argentina's Plastics Industry Association (CAIP), which sponsored the event.
“The new plant, that has required an investment of $350m (€224m), will export 30% of its total production to external markets,” said Nelson Letaif, director of corporate communications.
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