Petrochemicals – Brazil – Packaging industry revenues to reach US$22.6bn in 2010
Brazil’s packaging industry is expected to generate revenues of 40bn reais (US$22.6bn) in 2010, a 10.5% increase compared with 35.4bn reais last year, said economic analysis coordinator at IBRE-FGV, Salomao Quadros, during a conference held in Sao Paulo by national packaging association Abre.
IBRE-FGV is the economics institute of Brazilian think tank Fundaçao Getulio Vargas.
Plastic packaging currently accounts for approximately 37% of the packaging industry’s total revenues, which has risen over the years due to materials such as metals and glass being replaced with plastic, Quadros said.
Packaging industry production volumes grew 16.3% in H1 compared with the same period of 2009.
Take Business to be Competitive
Doing business is easy and it is now competitive to be familiar with it. Simple companies are now offering their website even for free sign up and not a real shop, since they are aware about productive and progressive online. In start a business we need to make sure that all things are on its way. And as for shop or business, you can check out pharmacies now. Pharmacies today are easy to search and many are offering their services online. Since lots of products are popular to catch up in the world online, expect for reliable and genuine medicines to come out online to purchase at online pharmacies. Online pharmacies are today managed by leading manufacturers or distributors of drugs and medicines.
Getting Started in State and Local Government Contracting – A Small Business 101
While the U.S. federal government remains the largest buyer of goods and services in the world, doing business with the “feds” – particularly for small businesses – can be an unwieldy and regulatory-laden process. A more
Oil & Gas – Brazil – Gran Tierra concludes farm-in agreement for Reconcavo basin
Canada’s Gran Tierra Energy (TSX: GTE) has finalized an agreement with Brazilian oil firm Alvorada Petroleo to acquire a 70% stake in four blocks in Brazil’s Reconcavo basin.
Gran Tierra will pay US$22.6mn for the new areas, the company said in a statement.
The blocks, REC-T-129, REC-T-142, REC-T-155 and REC-T-224, are located 70km northeast of Salvador in the northeastern state of Bahia.
Gran Tierra agreed to pay 100% of the costs to drill an exploratory well on blocks REC-T-129 and REC-T-142.