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Brazil's troubled petrochemicals sector

Overview

Brazil’s petrochemicals industry has come full circle in the past 15 years, going from public to private hands and back again following Petrobras’s recent investments in the sector. Although recent consolidation has improved domestic sector economics, Brazil’s industry will face challenges in coming years due to increased global competition. While producers in the Middle East and Asia are moving towards using natural gas to produce petrochemicals, Brazil’s industry remains dependent...

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