BRASKEM
Acquisition of Petroquímica Triunfo
Petrochemicals group Braskem (Sao Paulo / Brazil; www.braskem.com) is to take over plastics producer Petroquímica Triunfo (Triunfo / Brazil; www.ptriunfo.com). Braskem reports that the Brazilian authorities gave the go-ahead for the merger at the start of May 2009. Petroquímica Triunfo, which produces LDPE, ethylene copolymers and EVA for Brazilian and international customers, is to be fully integrated into Braskem. Further details of the transaction have not been disclosed.
21.05.2009 Plasteurope.com [213451]
Published on 21.05.2009
German version of this article...