Home / Knowledge / News / Textiles / Braskem to set up polyethylene plant in Bolivia
Braskem to set up polyethylene plant in Bolivia
12
Apr '10
Braskem, a Brazilian petrochemical company, intends to set up one metric ton per year, polyethylene plant in Bolivia, by investing US $2 billion to $3 billion. However, the final project and the investment per say, will be determined on the basis of the studies that will be carried out for this installation, said Carlos Brenner, International Projects Director, Braskem.

This plant is likely to be installed in Puerto Suárez, Santa Cruz province. Announcement for this new development was made after discussions with, Carlos Villegas, President of Bolivia's state-owned hydrocarbons company, YPFB, in La Paz. After a firm decision is taken, the project will be implemented within a five-year time period.

According to Brenner, Braskem will utilise ethane derived from natural gas, to produce plastic resin. A part of the investment has to be carried out by Bolivia for the process of separation of ethane from gas to make the project feasible, while Braskem will undertake the remaining procedures, said Brenner.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Apparel/Garments | On 26th Jun 2017

Enterprise Mauritius leading delegation to Fashion SVP

Enterprise Mauritius is leading a delegation of local apparel...

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search