Braskem and Petroleo Brasileiro could be close to acquisition of Quattor

Brazilian petrochemicals producer Braskem SA and Petroleo Brasileiro SA (Petrobas) could be close to the acquisition of Quattor Petroquimica SA. Braskem is likely to acquire 51% stake with the balance being taken by Petrobras. Quattor has 13 production lines located in three Brazilian states of Rio de Janeiro, São Paulo and Bahia It produces LDPE, HDPE, LLDPE, PP, EVA, and other petrochemicals.
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