Producers look to Brazil for renewable chemicals investments

11/12/2012 | ICIS Chemical Business (U.K.)

Dow Chemical, Braskem and Rhodia are among a number of petrochemical firms looking to establish renewable-based chemical production facilities in Brazil, according to this analysis. Such investments are getting more attractive as sugar prices decline and the production of renewable chemicals becomes cheaper. "Brazil will produce half of the world's bio-based chemicals by 2020," said Pedro Fortes, operations director for Eastman's Brazilian unit.

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