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 [...]

Mazda Motor Corporation announced that it has signed formal agreements and begun preparations to establish a Mazda vehicle production facility in Mexico and a sales company in Brazil, in alliance with Sumitomo Corporation. Through the new joint ventures, Mazda and Sumitomo intend to combine their individual strengths in order to enhance both companies’ business in [...]

The Wall Street Journal reported Wednesday that Brazilian billionaire Eike Batista’s conglomerate is to invest as much as $40 million a day to meet growing demand for Brazilian commodities and manufactured goods in the coming years.
In an interview with the Wall Street Journal (WSJ), Batista said he plans to create a new shipping company, purchase [...]

French multinational firm Rexel has acquired Brazil’s Nortel Suprimentos Industriais SA, a key player in the distribution of electrical and industrial equipment in Brazil. Rexel is a global leader in the distribution of electrical supplies. The investment enables Rexel gain a significant foothold in the Brazilian market and creates a platform to build a leading [...]

Eike Batista, Brazilian billionaire businessman, is mulling the establishment of an auto factory at the Acu port complex. Batista is to invest $1 billion in the undertaking, as he moves towards securing a share of the burgeoning car industry. There has been an increased demand for cars in Brazil, the result of a growing and [...]

Trelleborg announced it has signed an agreement to divest its operations in brake hoses for light vehicles located in Brazil. The Brazil business is part of the Trelleborg Automotive business segment. Trelleborg will sell the Brazilian operations to French company Flexitech. This divestment is a further step in the Trelleborg Group’s strategy of focusing on [...]

According to a report carried by the Nikkei business daily, Japan’s Mitsubishi Motors Corp is planning to streamline production in developed nations while increasing output in emerging markets such as Brazil and India under a new global strategy. The automaker is keen on quickly lifting global production to 1.5 million units by redistributing business resources, [...]

According to a report filled by Reuters, French oil group Total is keen on a Brazilian foray that will see it produce a range of biochemicals with its partner firm in the country, Amyris Inc.
Total announced it is planning to enter Brazil’s sugarcane industry through its technology partner Amyris Inc to produce a range of [...]

The Italian auto group Fiat said Tuesday it would invest 1.3 billion Euros (1.7 billion dollars) to build a new plant in the state of Pernambuco in northeast Brazil. The investment is part of the company’s 2011-2014 strategic plan that calls for expenditure of a total of 4.4 billion Euros in Brazil, where it says [...]

Swiss firm Partners Group reported it had concluded its acquisition of Brazilian watchmaker Technos da Amazônia Ind. e Com. S.A (Technos). The Swiss firm said it had completed investment in Brazilian watchmaker Technos on behalf of its clients together with its investment partner DLJ South American Partners. The investment comes in a line of other [...]