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Brazil's Innova, Unigel are up for sale, sources say

Brazil's Innova, Unigel are up for sale, sources say

SAO PAOLO (ICIS)--Important changes in polystyrene (PS) production ownership are looming in Brazil, with two out of three producers on the sales block, market sources said on Wednesday.

Producer Innova has been for sale since late last year, as owner Petrobras shows interest to leave the PS market.

Petrobras appears to have taken the same route with its Argentine PS plant and other assets, as investments in that country have become less attractive.

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