Brazilian mining company Vale do Rio Doce intends to expand activities and modernize productive processes this year. The target is to increase production of iron ore to 264.4 million tonnes up to the end of the year. In Brazil, the expansion should generate 137,000 new job opportunities.
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Agência Brasil* Brasília – In the fourth week of January, the trade balance presented a positive result (surplus) of US$ 817 million, from exports of US$ 2.322 billion and import of US$ 1.505 billion. The accumulated surplus is US$ 2.566 billion. In the year, the trade balance already includes exports of US$ 8.457 billion, 19.3%
At the beginning of February the export trader of ironworks Metalúrgica Siemsen, Charles Padaratz, is going to visit Saudi Arabia, the United Arab Emirates, Bahrain and Egypt. The objective is to improve relations with importers, to present novelties and increase company participation on that market.
The price of the WTI barrel of oil rose around 40% in 2005 and reached US$ 60.90 at year-end. Analysts bet on an average price of US$ 65 in 2006, a fact that should continue powering the economies of the Arab nations that are producers of oil, among them Saudi Arabia, Algeria and the United Arab Emirates.
After winning tender in Algeria, Brazilian construction company Andrade Gutierrez, which already has business in Mauritania, plans on prospecting the Libyan market. With the increase in oil prices and the demand for infrastructure works, the region has become attractive to the company. They also have their eye on the Middle East, so much that an office has been opened in Dubai.
From the Newsroom* São Paulo – World economy should grow 3.3% this year, pushed mainly by developing countries such as China and India. The information is in the report released today (24) by the United Nations Department of Economic and Social Affairs (UNDESA). According to the study, the developing countries should grow by 5.6% in
Rômulo Zambelli is just 26 years old, but he opened a shoe industry to win part of the market occupied by Chinese industries. Last week he launched sandals Pé de Cristal (Crystal Foot), in crystal PVC, to be sold for around US$ 2 on the retail market. The initial intention was to trade them in Brazil, but he has already received orders from importers.
The construction of a barrage evaluated at 25 million euros is the first construction by the Brazilian company in Algeria. It will be built in the province of Jijel, in the northeast of the country, and should take 30 months to be ready. The company is participating in another three tenders in the country.
The sector exported the equivalent to US$ 8.7 billion in 2005, against US$ 6.6 billion in 2004. It was the greatest increase in exports amongst all industrial segments.
From the Newsroom* São Paulo – The Petrochemical hub of Triunfo, in the state of Rio Grande do Sul, in southern Brazil, is going to receive new investment. The project will take place in two phases. In the first, a new ethylbenzene plant will be build, with a capacity for production of 540,000 tonnes a
From the Newsroom* São Paulo – Brazil exported the equivalent to US$ 1.943 billion on the third week of January and imported US$ 1.474 billion, which resulted in a trade surplus of US$ 469 billion. In the accumulated value for the month of January, with 15 working days, shipments added up to US$ 6.135 billion,
The Brazilian shoe factory, which produces over 30,000 pairs of shoes a day, is going to inaugurate two franchises in March, one in Jordan and another in the United Arab Emirates. Via Uno already has four stores in Dubai. The opening of the new store is part of a company foreign expansion plan, which forecasts the installation of 20 stores abroad throughout the year.
The Brazilian shoe factory, which produces over 30,000 pairs of shoes a day, is going to inaugurate two franchises in March, one in Jordan and another in the United Arab Emirates. Via Uno already has four stores in Dubai. The opening of the new store is part of a company foreign expansion plan, which forecasts the installation of 20 stores abroad throughout the year.
