PROJECT OVERVIEW:
Subsequent to a 2-year delay the local antitrust authority, CADE, finally approved the construction plans promoted by a Brazilian gas/chemicals joint venture operating under the name of RIO POLIMEROS.
The partners in the planned undertaking and their respective shareholdings include: - COMPANHIA SUZANO DE PAPEL E CELULOSE (SUZANO - 33.3%); - UNIAO DE INDUSTRIAS PETROQUIMIQUAS SA (UNIPAR - 33.3%), - BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL (BNDES -
16.7%); - PETROBRAS QUIMICA S.A. (PETROQUISA 16.7%), a subsidiary of