Brazilian petrochemicals company Braskem and Venezuelan state oil company PDVSA have jointly agreed to cut investments in a petrochemicals plant in Venezuela and to delay a second one.
Investment inn the 450 mln tpa Propilsur polypropylene joint venture between the two, will be lowered by by US$500 mln, from an initial investment outlay of US$1 bln.
For more details on Braskem to cut investments in Venezuelan petrochemicals plant, delay Poliamerica PE plant click here
Friday, April 30, 2010
Braskem to cut investments in Venezuelan petrochemicals plant, delay Poliamerica PE plant
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