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Latin America’s shale

The spotlight on petrochemical investment in the Americas has shone on the US shale gas boom and the resulting rash of planned new ethane crackers that could increase US ethylene capacity by about 32% by 2017-2018. But Latin America’s game-changer could be Brazil’s pre-salt oil and gas bounty, as well as shale gas formations in […]

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Painted with the same oily brush

The BP oil spill in the US Gulf will have major implications for the US chemical market. Yes, the chemical industry is not the oil industry, but they are inextricably linked – not just in terms of feedstocks, but also how they are perceived in the minds of the general public. The direct impact of […]

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Energy makes the world go ’round

Sure - love makes the world go ’round as they say, but really it’s energy. And with an increasing population as well as industrialization, the world undoubtedly needs more of it. Clearly there is no one answer to the billion-dollar energy question. Encouragingly, we are exploring a multitude of new methods to produce and transport energy […]

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The time for a Latin American chemical revolution is now!

With all the world’s attention focused on Asia and its booming economic growth driven by China and India, Latin America tends to get overlooked. But that would be a big mistake, as the region is making significant strides towards becoming an industrial powerhouse. The Latin American chemical industry has taken its lumps in the global recession, […]

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Mexican petrochemical industry needs political will

    BY SPECIAL GUEST COLUMNIST ARTURO GARCIA Is there a real future for Mexico’s petrochemical industry? We still have no answer, or at least we keep trying to justify that “with no answer” we still have an opportunity. But when will this opportunity materialize? Because of its great economic impact downstream, we need to battle […]

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Brazil finds shelter from the storm

By Anna Jagger/London Brazil’s chemical sector is better positioned than most to weather the financial slump. Producers were hit badly by the collapse in global demand at the end of last year, but they have reason to be optimistic about the year ahead. There are signs that domestic chemical demand is picking up, helped by […]

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China-Brazil oil and chemicals pact a model for deals

CHINA’S $10bn deal with Brazil to lock up significant oil supplies from its energy firm and join in exploration, refining and petrochemical ventures, heralds a new age of cooperation between the two countries. Under a 10-year deal, China Development Bank is giving a $10bn credit line to Brazilian energy giant Petrobras in return for the […]

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