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Article: BRAZIL: CONSTRUCTION PLANS FOR PROPOSED $900,000,000 COMBINED ETHYLENE AND POLYETHYLENE (PE) COMPLEX, UNIVATION TECHNOLOGIES, ABB LUMMUS GLOBAL [USA] & SNAMPROGETTI [ITALY] - Order #: 126200.
- Article from:
- WWP-Report on Engineering Construct & Plant Operations in the Developing World
- Article date:
- December 1, 2000
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PROJECT OVERVIEW
The local RIO POLIMEROS was recently granted government approval for the acquisition of UNIPOL polyethylene (PE) and EXXPOL metallocene technologies for its planned new combined ethylene and polyethylene (PE) complex in Brazil. The latter processes are respectively owned by EXXON MOBIL and UNION CARBIDE of the U.S.
RIO POLIMEROS operates as an investment group that teams-up UNIPAR, a petrochemical firm, SUZANO a pulp and paper manufacturer, the state-owned oil and gas firm PETROBRAS and the NATIONAL DEVELOPMENT BANK (BNDES). According to the terms of the collaborative agreement, UNIPAR and SUZANO will each hold a 33.3% interest in the ...