30 November 2009 23:06 [Source: ICIS news]
By Cristina Kroll
BUENOS AIRES (ICIS news)--Brazilian polyolefins major Quattor is pushing to nearly double its sales exports to Argentina and the rest of Latin America in the next 12-18 months, a company manager said on Monday.
“Latin America represents over 133,000 tonnes a year [polyethylene, polypropylene and basic chemicals] for Quattor, a third of the company’s exports, which are 400,000 tonnes a year”, said Oscar Lopez, operations general manager for Quattor in Latin America.
“And this number will continue growing: in between 12 and 18 months the company plans to reach sales for 250,000 tonnes in this region,” he added.
Quattor last week officially inaugurated its first commercial office outside ?xml:namespace>
“Quattor expects to accomplish sales for $120m [€80m] a year in
“The scarcity of natural gas supply in
Quattor also participates in the Argentine polypropylene (PP) market, where it competes with Argentine companies Petroken and Petroquimica Cuyo.
“Demand for these products in
The company also sells basic chemicals such as benzene and toluene in
Quattor produces over 2.7m tonnes/year of basic chemicals, PE and PP from 10 plants in
The company has sales totalling $4bn/year.
($1 = €0.67)
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