The mining company sold part of its shares in the Pará Alumina Company to Dubai Aluminium. The refinery should produce 1.86 million tonnes a year of intermediary material for the aluminium sector.
Browsing: Economy
São Paulo – The Brazilian state-owned aircraft manufacturer Embraer announced today (14) that it delivered 40 aircraft in the first quarter of this year, being 32 business jets and eight executive aircraft. According to the company, as of March 31st, its firm order backlog totalled US$ 19.7 billion. Among the highlights of the first three
The daily average of shipments of Brazil was 13% higher in the first working days of this month when compared to the same period in March.
Measures to support the export sector may, for the region, be a solution to the crisis. The theme should be discussed at the Business Council of Latin America meeting, this week, in Rio de Janeiro.
According to Pedro Brito, despite the global financial crisis the government is turning US$ 688 million to dredging ports. However, he says that the volume of freight has dropped, as has freight cost.
This is the statement of the director of the World Economic Forum for Latin America, Lozoya Austin. The event takes place in Rio, next week, with representatives from 35 countries.
São Paulo – The Iraqi minister of Planning, Ali Baban, said yesterday (8th) that he has invited Petrobras, the Brazilian state-owned oil company, to build a refinery in his country. He made the statement while participating in a seminar at the National Organization of the Petroleum Industry (Onip), in the city of Rio de Janeiro.
Arab food franchise network Mister Sheik plans to double its sales of chocolate safihas during Easter. They already represent 10% of the brand’s revenues.
Tortuga, that also operates in animal health, has opened its fifth animal feed unit, in Ceará. With the new unit, the company increases its capacity by 60%.
In a field operated in partnership with Repsol, the Brazilian oil giant announced the discovery of 88.5 million cubic metres of light oil and gas.
The Brazilian factory had revenues of US$ 112 million, 22% more than in 2007. For 2009, the company president, Jean-Nöel Hardy, says that the growth targets are ‘daring’.
The brand launched a global portal, with links to sites from countries in which the sandals are sold, among them Egypt and Morocco. The local sites are also going to be reformulated and standardised.
The state of Minas Gerais had revenues of US$ 1.56 billion with exports in March. The value is 17% greater than in February and 9.2% greater than in the same period in 2008.
The small 1001 Retalhos, which produces artistic and sophisticated handbags in Atibaia, in the interior of São Paulo, already exports to 10 countries and has started contact with an importer in Dubai.
