Latin America stories: weekly summary

ICIS Editorial

03-Jun-2024

SAO PAULO (ICIS)–Here are some of the stories from ICIS Latin America for the week ended on 31 May.

NEWS
Brazil’s Porto Alegre port still shut after flooding, industry demands more support
The Port of Porto Alegre remains shut one month after severe flooding hit the Brazilian state of Rio Grande do Sul, while trade groups are asking the authorities to extend their financial support to speed up the recovery.

Automotive major Stellantis plants in Argentina, Brazil still affected by floods aftermath
Stellantis’ facilities in Argentina remain shut and its plant in Goiana, northeast Brazil, has also partially stopped, a spokesperson for the global automotive major said to ICIS on Friday.

Canadian fertilizer producer Nutrien halts three Brazil fertilizer blending plants
Canadian fertilizer major Nutrien has announced a decision to halt three fertilizer blending plants in Brazil as it undergoes a reorganization of their operations for improved efficiency within the country.

Brazil’s Unigel on force majeure for HIPS due to lack of input from Triunfo
Unigel has declared force majeure for high impact polystyrene (HIPS) because one supplier based in Brazil’s floods-hit state of Rio Grande do Sul cannot deliver the feedstock, according to a letter to customers seen by ICIS.

Brazil’s chemicals importers mobilize against tariffs hike proposed by producers
Brazil’s importers of chemicals are lobbying the cabinet not to implement the hikes to import tariffs proposed by the country’s producers, represented by trade group Abiquim.

PRICING
LatAm PP domestic, international prices unchanged as market awaits June prices
Domestic and international polypropylene (PP) prices were assessed as unchanged this week across Latin American (LatAm) countries.

LatAm PP domestic, international prices unchanged as market awaits June prices
Domestic and international polypropylene (PP) prices were assessed as unchanged this week across Latin American (LatAm) countries.

READ MORE

Global News + ICIS Chemical Business (ICB)

See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.

Contact us

Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.

Contact us to learn how we can support you as you transact today and plan for tomorrow.

READ MORE