09 January 2013 20:42 [Source: ICIS news]
LONDON (ICIS)--Praxair’s Brazilian subsidiary White Martins has started up a new air separation plant in northeast Alagoas to supply petrochemicals major Braskem with nitrogen and oxygen, the US-based industrial gases company said on Wednesday.
According to Praxair, Braskem has invested an estimated $500m (€380m) in the new industrial unit, the highest investment ever made by the company for a single project in Brazil.
With one PVC unit currently operating in Alagoas, the project will almost double Braskem’s annual PVC production capacity in the state, making the state the largest producer of PVC in Latin America.
The facility will serve domestic demand, particularly in the construction industry, Braskem said.
($1 = €0.76)
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