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1. Latin America: Brazilian auction to spur restructuring

Author

McCoy, Michael

Subjects
Brasilia, Brazil -- Finance, Chemical industry -- Contracts, Petroleum chemicals industry -- Analysis, Chemicals, plastics and rubber industries, Engineering and manufacturing industries
Abstract

The article highlights the Latin American chemical industry, particularly Brasilia, Brazil, where later in December of 2000 Brazil's central bank will announce the winner of an auction of assets at the Copene ethylene cracker. The auction is the first step toward reorganizing the complicated ownership structure of Brazil's petrochemical industry, and make way for greater presence and more investment by giant multinational chemical firms.

Published
2000

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