Braskem continues to mull investment of US$1.5 bln in petrochem plant is Bo...

Brazilian petrochemicals company Braskem continues to mull investing a minimum of US$1.5 bln in petrochemical plants in Bolivia. Braskem could also invest in more than one project, and investment in each of the plants would be of at least $1.5 billion. Brazilian state-run energy company Petrobras is evaluating partnership with Braskem in the project, which is to use natural gas to make polyethylene. Bolivia's state energy company YPFB is also expected to participate in the project that could build one or two plants in the Santa Cruz region, near the Brazilian border, or in natural-gas-rich Tarija province.