|
|
Article: Brazil : Cepsa merges petrochemicals subsidiaries.
- Article from:
- TendersInfo
- Article date:
- May 31, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: pinto03
Spanish petroleum and petrochemicals company Cepsa has approved the merger of its chemical subsidiaries - Ertisa, Interquisa and Petresa - into a single firm Cepsa Quimica, the company said in a statement.
Cepsa Quimica will handle the commercial operations for the chemical products made at Cepsa refineries. Fernando Iturruieta, Cepsa's senior VP of petrochemicals, will take on the position of chief executive of the new company, according to the statement.
"The creation of a single identity for the petrochemicals division will strengthen its internal and external relevance, ...