Brazil's 2011 oil refining, alcohol production rises 0.5%

31 January 2012 18:54  [Source: ICIS news]

PORTO ALEGRE, Brazil (ICIS)--Brazil's 2011 oil refining and ethanol production increased by 0.5% year on year, while rubber and plastics production fell by 1.3%, a government agency said on Tuesday.

Overall, Brazil's industrial production fell significantly since April, although it closed 2011 with an increase of 0.3%, according to the Brazilian Geography and Statistics Institute (IBGE).

For December, 16 industrial segments increased production month on month while 11 registered a decrease, the IBGE said. Production of rubber and plastics decreased by 1.8%.

Year on year in December, oil refining and ethanol production fell by 4.4%, the IBGE said. Rubber and plastics production fell by 7.2%.

By: Leo Siqueira
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