Wednesday, February 17, 2010

Bank to lend US$7.5 bln to support investment in Brazil’s petrochemicals industry

Brazil’s state development bank- BNDES, is considering lending about 14 billion reais (US$7.5 bln) until 2013 to support investment in the petrochemicals industry. BNDES is keen to assist resins produucer Braskem SA to expand overseas.

For more details on Bank to lend US$7.5 bln to support investment in Brazil’s petrochemicals industry click here

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