Archive for the ‘Manufacturing Brazil’ Category

China Automotive Systems Forms Joint Venture in Brazil as Part of Latin America Foray

Comments Off | 10-26-2011

China Automotive Systems Inc (CAAS), a leading power steering components and systems supplier in China, Monday announced that its Board of Directors has approved the formation of a joint venture in Brazil to target the largest automotive market in South America.
According to a company release, the new joint venture, which will be 80% owned by [...]

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Sustainable Micronized Rubber Powders Manufacturer Expands Its Presence In Brazil

Comments Off | 10-25-2011

Lehigh Technologies, manufacturer of sustainable, micronized rubber powders, announced Monday its expansion into Brazil with the appointment of Eduardo Roberto De Ranieri as country manager, Brazil.
Brazil is the world’s seventh largest economy with an average annual GDP growth rate of over five percent. In 1999, Brazil established a tire collection framework and has passed legislation [...]

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Tredegar Corp subsidiary acquires Brazil’s leading manufacturer of specialty polyester films

Comments Off | 10-20-2011

Tredegar Corporation announced Wednesday that its subsidiary, Tredegar Film Products Corporation, is to acquire 100% of the equity interests of Terphane Holdings LLC, a leading manufacturer of specialty polyester films with operations in Brazil and the United States.
Terphane is currently owned by Vision Capital, an international investment firm. The company currently produces over 38,000 tons [...]

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Consortium of Chinese firms acquires 15% stake in Brazil’s CBMM

Comments Off | 09-5-2011

A group of five Chinese companies consisting of CITIC Group, Baosteel Group Corporation, Anshan Iron & Steel Group Corporation, Shougang Corporation and Taiyuan Iron & Steel Group Co., Ltd. formed a consortium named China Niobium Investment Holdings Ltd. and acquired 15% stake in Companhia Brasileira de Metalurgia e Mineração -CBMM for US$1.95 billion.
CBMM, a Brazilian [...]

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Eastman Chemical Company Acquires Scandiflex to Expand Plasticizer Business

Comments Off | 09-5-2011

Eastman Chemical Company announced Friday that it has acquired Scandiflex do Brasil S.A. Indústrias Químicas, a manufacturer of plasticizers located in Mauá, São Paulo, Brazil. The acquired Scandiflex plasticizer business and manufacturing capabilities are now part of Eastman’s Performance Chemicals and Intermediates (PCI) segment. Terms of the transaction were not disclosed.
With 2010 sales revenue of [...]

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Sika to acquire Colauto Adesivos to strengthen its position in Brazilian automotive sector

Comments Off | 08-31-2011

Sika has agreed to acquire Colauto Adesivos e Massas Ltda, a manufacturer of adhesives and sealants as well as acoustic damping and structural reinforcement elements for Latin America’s fast-growing automotive and transportation industry.
Colauto is one of the leading suppliers of chemical process materials for the automotive industry in Latin America. Colauto generated sales of CHF [...]

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Imdex acquires System Mud of Brazil to strengthen its position in Latin America

Comments Off | 07-28-2011

Imdex Limited announced that it has signed an agreement to acquire Brazil’s System Mud Industria e Comercio Ltda (System Mud). Under the agreement, Imdex will pay approximately $9.0 million for System Mud.
Imdex Managing Director, Bernie Ridgeway, said the acquisition would strengthen the Company’s position in Latin America in relation to the manufacture and sale of [...]

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Pall Corp. Signs Definitive Agreement to Acquire Engefiltro, its Brazilian Distributor

Comments Off | 07-18-2011

Pall Corporation, a global leader in filtration, separation and purification, announced Friday that it has signed a definitive agreement to acquire its long-time Brazilian distribution partner, Engefiltro.
The acquisition will strengthen Pall’s capabilities to support customers in the fast-growing Latin American market. The transaction is expected to be completed by the end of the month. Terms [...]

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ILEOS acquires the leader in contract filling and samples for cosmetic industry in Brazil

Comments Off | 07-6-2011

ILEOS, a major player in packaging for the beauty & health industry, announced Tuesday that it has entered into an agreement to take a majority stake in MAPPEL, a company specializing in the manufacture and filling of unit doses and samples, a Brazilian market leader in its field.
MAPPEL, established in 1970 by Marion Appel has [...]

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Petrobras buys 50% stake in a domestic Brazilian biodiesel company

Comments Off | 07-4-2011

The Wall Street Journal Friday reported that Brazilian state-run energy giant Petrobras purchased a 50% stake in a local Brazilian biodiesel company for 200 million Brazilian reais ($128.4 million).
The stake is in BSBIOS Industria e Comercio de Biodiesel Sul Brasil S.A., which produces 160 million liters of biodiesel per year from vegetable oils, said the [...]

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