Largest Petrochemical Company

Brazil undoubtedly became a great growing potential. The largest country of South America, and above all, who has succeeded in managing their resources and where the current President Inacio Lula Da Silva, proven leadership skills, how to govern a country and favors despite being identified with a moderate Socialism . Much a Venezuela should learn from the largest petrochemical company in Brazil and Latin America, as Braskem. The company was formed in 2002 in the process of consolidation of the petrochemical industry in Brazil. a No doubt that the Brazilian petrochemical industry has experienced an active process of consolidation that is nearing completion and where Braskem has played a significant role in the Brazilian economy.

Braskem is the largest petrochemical company in Brazil and Latin America. In a recent ranking, Braskem contained at position 31 of petrochemical companies in the world Take into account as noted by Bernardo Gradin, the Brazilian petrochemical industry was formed in 70 years as a result of a government decision that determined the substitution of imports. Petrobras, the state oil company, took over the sector. His strategy was to attract technology companies, most of them Japanese and European, to propose, then the Brazilian businessmen to take third petrochemical company, Petrobras would get another third, and the technology partner with the remaining third . According to this tripartite partnership program, Petrobras would supply the raw material and the Government would encourage the substitution of imports of petrochemicals by introducing a system of tax incentives. This situation lasted until the late 80s.

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