APLA '10: Brazil’s Oxiteno to open commercial office in Asia

08 November 2010 23:25  [Source: ICIS news]

RIO DE JANEIRO (ICIS)--Brazilian chemicals producer Oxiteno plans to open a commercial office in Asia next year, chief executive Joao Benjamin Parolin said on Monday.

The move follows the opening of a Brussels commercial office in Belgium, as well as a US office in Chicago, he said in a statement at the Latin American Petrochemical Association (APLA) annual meeting.

Parolin did not disclose the location of the Asia office.

“[Opening the Brussels and Chicago offices] has helped us [get] closer to our customers and to better understand their needs,” Parolin said.

“North America is an important market for us,” he added.

About 30% of Oxiteno’s employees are also based outside Brazil, Parolin said.

The company is the chemical subsidiary of Brazilian industrial company Ultrapar.

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By: Anna Jagger
+44 20 8652 3214

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