01/21/2010

PIE - News-Ticker on Plasteurope.com

Latin America: New polyolefins capacity planned, under construction

New polyolefins projects are being planned across Latin America but financing problems and concerns about weak demand resulting from the economic crisis are causing widespread delays.


More than 5m t/y of PE and 3m t/y of PP capacity has been announced in Latin America, with Brazilian companies Braskem (São Paulo; www.braskem.com) and Petrobras (Rio de Janeiro; www2.petrobras.com.br/ingles) the prime movers behind most of the proposed investments. The region´s polyolefins projects are scheduled to come onstream between 2013 and 2016.

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