Brazil's Braskem plans to form Austrian subsidiary

27 July 2012 22:07  [Source: ICIS news]

HOUSTON (ICIS)--Brazil-based Braskem plans to form an Austrian subsidiary, according to a company statement made available on Friday.

The Braskem administrative council approved the move during a meeting held earlier this week, according to a summary.

Braskem can now take the steps necessary to form the subsidiary, the summary said.

Braskem did not provide any more details.

By: Al Greenwood
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