The Brazilian company will increase its department of Specialty Chemicals by 10%, and the additional will serve primarily to meet the demand from the Arab countries. Nitrocellulose is one of the company’s main products.
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Fertilizers and inputs were the most imported chemicals to Brazil in October, at 21% of total imports.
Year-to-date, imports were down 12.6% in February and 5.8% year-to-date through February.
Brazil’s imports from abroad grossed USD 37.6 billion year-to-date through October.
Brazil’s purchases of chemical products came out to USD 4.5 billion in the July, a significant increase from June.