Braskem SA, with a 50% share of Brazil’s resins market, plans to invest US$2.5 billion in a polyethylene plant in Peru. Braskem is working on engineering studies for a US$1.1 bln petrochemical plant in Venezuela with state- owned Pequiven SA. Braskem plans to expand abroad to tap growing demand in countries such as Mexico, Venezuela and the entire Pacific coast, which imports polyethylene and polystyrene from USA.
01-Jun-09 
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