The growing markets of Brazil and South America, yet to reach maturity, are important markets for Basell. Basell will continue to be active throughout the region with its entire product range. With this in view, Basell has decided to diversify its portfolio in Brazil.
An agreement has been reached between Basell and Suzano Petroquimica S.A, one of the largest strategic investors in the petrochemical sector in Brazil for the sale of Basell's 50% share of Polibrasil Resinas' polypropylene (PP) business to Suzano Petroquemica. In lieu, Basell will acquire Polibrasil's PP compounding business. Polibrasil's total capacity of 625 kt of PP at three sites in Brazil as well has a 25 kt compounding plant.
23-Jun-05 
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