15 March 2012 21:29 [Source: ICIS news]
PRAIA DO FORTE, BRAZIL (ICIS)--Brazilian chemicals producer Elekeiroz intends to increase its focus on bio-based products, commercial director Carlos Calvo Sanz said on Thursday.
“There is a strong future for bio-based chemicals in Brazil. We have the water, the sun and the land,” he said on the sidelines of the 6th EBDQUIM conference hosted by Associquim/Sincoquim (Brazilian Association of Chemical and Petrochemical Distributors).
Brazil’s low population density and improvements in agricultural productivity in the country will help spur investments, he said.
“Like every country in the world, we’re looking at bio-based products,” Sanz added. He did not discuss potential investments.
Elekeiroz already has some bio-based products in its portfolio. Last year the company launched a plasticiser with a 40% bio-based content, and it also produces unsaturated polyester resins with a renewable content.
Previously, Elekeiroz had an ethanol-based butanol and 2-ethylhexanol (2EH) plant in Recife, northeast Brazil, but it was closed in 1993 when ethanol prices were high relative to propylene. Sanz declined to reveal whether Elekeiroz was considering once again producing bio-butanol.
Additionally, the company has appointed a new chief executive. Marcos de Marchi, previously with Rhodia, will take over from Reinaldo Rubbi on 2 April. Rubbi has reached the statutory age limit for officers, said Elekeiroz parent company Itausa.
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