Market Brief
Brazil to Kick Off More than $390 Million in Capital Chemical Projects in Second Half of Year, an Industrial Info Market Brief
Industrial Info has confirmed that a total of 141 capital Chemical Processing projects, representing a total of $397 million, are planned to kick off in Brazil in second-half 2020. Almost 45% of these projects are for projects that were postponed because of COVID-19. The Ag Chemical sector represents the highest investment. Acron Group's new fertilizers plant in Curitiba, in Parana state in Brazil, is an example of a project that was delayed and will be implemented in the coming months. See graph below for investment by sector.
Released Friday, May 29, 2020
Industrial Info has confirmed that a total of 141 capital Chemical Processing projects, representing a total of $397 million, are planned to kick off in Brazil in second-half 2020. Almost 45% of these projects are for projects that were postponed because of COVID-19. The Ag Chemical sector represents the highest investment. Acron Group's new fertilizers plant in Curitiba, in Parana state in Brazil, is an example of a project that was delayed and will be implemented in the coming months. See graph below for investment by sector.
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