Browsing: Economy

From the Newsroom* São Paulo – The group Hexion Chemical Industry and Trade of Brazil, controlled by Borden Chemical, of the United States, is going to invest US$ 21 million to build a factory of applied resins for wooden plate factories, in the city of Glorinha, in the southernmost Brazilian state of Rio Grande do

Shoe factory Siboney produces female shoes in the city of Igrejinha, in southern Brazil, and intends to increase exports to the Arab market. Exports to the region currently represent 5% of sales abroad. They should rise to 10%. Brand Siboney is in Saudi Arabia, Lebanon, Kuwait, Morocco, the Emirates and Oman.

Company Jan, in the city of Não Me Toque, in the South of Brazil, has already sold to Egypt and now wants to enter new markets in the Middle East and North Africa. The company makes agricultural machines as well as components for tractors, transmissions and gearings.

From the Newsroom* São Paulo – Bosch Rexroth Brasil, company of the Bosch group that produces technology for setting in motion, commanding and moving machines, invested 40 million euros in amplifying their factory in the city of Pomerode, in Santa Catarina, state in the Southern region of Brazil. The expansion was inaugurated yesterday (22) and

Agência Brasil* Brasília – The Brazilian Finance Minister, Guido Mantega, has maintained his estimate of growth of between 4% and 4.5% for the Brazilian Gross Domestic Product (GDP) this year, despite the reductions forecasted by the market. "The 3.5% forecasts are pessimistic," stated Mantega, in reference to the most recent analyses. Financial institutions heard by

Owner of the brand Corduroy, the factory Suape Têxtil exports to more than 20 countries. Amongst the importers are Egypt, Morocco and Tunisia. Appreciate and supporting Brazilian fashion are the main objectives of the manufacturer who has many partnerships with stylists in the country.

The factory Parati, from the southern Brazilian state of Santa Catarina, is going to open a factory of soups and noodles and expand its unit of refreshments, chocolate powder, pasta, candies and chewing gum in the city of Santa Maria, in Rio Grande do Sul, also in the South of Brazil. The aim is to better meet the demand in the internal and external markets.

Jobek, a factory located in the Brazilian city of Fortaleza that has German capital, makes hammocks for homes and gardens. The entire production is exported, especially to Europe. Sales to the Emirati market started in 2005 and should increase this year.

Agência Brasil* Rio de Janeiro – Brazilian oil giant Petrobras and the Turkish state-owned oil company (Türkýye Petrollerý Anoným Ortaklidi) signed yesterday (17) two contracts for the export and production of oil in deep waters in the Black Sea. According to a statement disclosed by a spokesperson for the state-owned company, the companies will be

Edmund Daukoru, who is also the minister of Oil of Nigeria, visited the Sugarcane Technology Centre, in the southeastern Brazilian state of São Paulo, for the first time. The purpose of the visit was to learn a little more about the Brazilian production of ethanol. When the alcohol is used as an oxygenate, it is less polluting than the other products traditionally mixed into petrol.