This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Se inaugura en Brasil el mayor complejo petroquímico de Latinoamérica
Opens the largest petrochemical complex of Latin America in Brazil
08/08/2005
on August 8, 2005
The River polymers, the more integrated petrochemical pole of Latin America, which has required an investment of $ 1.081 million, began operations on June 23 in Brazil with a capacity to produce 540,000 tonnes of polyethylene per year.
The complex, built in Duque de Caxias, Rio de Janeiro metropolitan municipality, is the first of Brazil dedicated to the production of polyethylene that uses natural gas as a feedstock. It is expected that plants require about 1.5 million cubic metres of gas per day.
This first integrated complex of the country brings together first generation plants, which transformed gas in ethylene, and second generation, making the ethylene in polyethylene, raw material for the manufacture of plastic products.
In the complex have participation groups private Petrochemical industries Uniáo (33.3%) and suzano Petroquímica (33.3%), the State Petrobras (16.7%) and National Bank of economic and Social Development (BNDES, 16.7 per cent).
Initially, 70 per cent of the production will be destined to the internal market and the rest will be exported, as stipulated in a contract for $ 1 billion for the next ten years.
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