Brazil’s Braskem to spend $180m on maintenance shutdowns

11 August 2010 00:13  [Source: ICIS news]

SAO PAULO (ICIS news)--Brazilian petrochemicals major Braskem expects to spend Brazilian reais (R) 317m ($180m, €137m) for maintenance shutdowns this year, the company’s chief executive said on Tuesday.

Bernardo Gradin said about R200m would be spent on a maintenance shutdown scheduled for November at Braskem’s major basic petrochemicals plant in Camacari, in the northeastern state of Bahia.

Braskem’s complex in Camacari can produce about 1.3m tonnes/year of ethylene.

($1 = R1.76, $1 = €0.76)

To discuss issues facing the chemical industry go to ICIS connect

By: Hellen Berger
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly