The Saudi petrochemical company Sabic announced today the conclusion of the acquisition process of the plastics division at General Electric, which owns operations in Brazil since 1987. The value of the deal was US$ 11.6 billion.
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The Pluriannual Plan was submitted today to the National Congress by the Brazilian minister of Planning, Paulo Bernardo. According to the text, the social field will account for 28% of expenditures, infrastructure for 20%, and the productive sector for 36%.
Brazilian imports of pipes and holders from the Arab world, including narghiles, stood at US$ 125,000 between January and July this year. In the same months of last year, they were only US$ 18,800. The narghile is a device for smoking traditionally used by the Arabs, and whose consumption is spreading in Brazil.
Brazilian imports of pipes and holders from the Arab world, including narghiles, stood at US$ 125,000 between January and July this year. In the same months of last year, they were only US$ 18,800. The narghile is a device for smoking traditionally used by the Arabs, and whose consumption is spreading in Brazil.
The importance of developing countries to the Brazilian foreign trade is already greater than that of wealthy nations such as the United States. The information was supplied by the director of the Department of International Negotiation at the Brazilian Ministry of Foreign Relations, Evandro Didonet.
Agência Brasil* Brasília – Brazil exported US$ 3.232 billion and imported US$ 2.494 billion during the fourth week of the current month (from the 20th to the 26th). The result drove the weekly surplus up to US$ 738 million, and the monthly surplus after 18 business days up to US$ 2.401 billion. The figures were
Foreign sales from the state yielded US$ 7.1 billion in the first seven months of 2007. Nevertheless, a 1.5% decrease was recorded in July, when revenues stood at US$ 1.2 billion. The main product shipped was oil, which accounted for 58% of the export basket.
From the month of January until Agust 23rd, 477 units were shipped from the Port of Paranaguá (in the southern Brazilian state of Paraná) to the Middle East and North Africa, compared with 371 during the same period of last year. Total exports of vehicles through the terminal grew by 71% in the first seven months of 2007.
Pierglass, a company from the interior of the southeastern Brazilian state of São Paulo that makes piers and anchorages, wants to expand its sales to outside Brazil – especially to Dubai, where projects are being built such as The World, a set of islands that will reproduce the format of all continents.
The level of employment in the sector grew by 4,4% in the first half of this year. The greater number of job positions was due to consumption of products such as cement, which increased 6.75% in the first six months of this year compared with the same period of last year.
The level of employment in the sector grew by 4,4% in the first half of this year. The greater number of job positions was due to consumption of products such as cement, which increased 6.75% in the first six months of this year compared with the same period of last year.
