States would be compensated, according to plan; measure would be in place by December 06/07/2022 Jair Bolsonaro — Foto: Antonio Molina/Fotoarena/Agência O Globo In another effort to try and lower inflation and reduce fuel prices — less than four months before the election — President Jair Bolsonaro proposed Monday to reimburse states if governors agree […]
Company has double-digit growth in Brazil and gains market share with consumers loyal to the brands 06/06/2022 Alexis Perakis-Valat — Foto: Leo Pinheiro/Valor Brazil was the first country that Alexis Perakis-Valat, global CEO of L’Oréal’s division for the general public, visited when he took over the position five years ago. Last week, Mr. Perakis-Valat returned […]
They suggest the use of agroforestry occupation to generate economic activity in degraded areas 06/06/2022 Beto Verissimo and Juliano Assunção — Foto: Leo Pinheiro/Valor The historical process of occupation of the Amazon has created enormous forest loss, but the stock of deforested areas can be recovered and used for the production of items that generate […]
New plant with capacity to produce 10,000 tonnes of chlorine a year will be built at the Petrochemical Complex of Camaçari 06/06/2022 Mauricio Russomanno — Foto: Silvia Zamboni/Valor Unipar, the largest producer of chlorine and caustic soda and one of the main PVC manufacturers in South America, will invest R$130 million in a new plant, […]
Strategy now is to invest in front office solutions 06/06/2022 Even after spending R$420 million on the purchase of NewCon in December and R$79.5 million on Lote45 in January, Sinqia continues to seek new acquisition opportunities to expand the range of software services it offers to financial firms. The focus now, however, is on repositioning […]
Investment in Brazil totals R$7.8bn after new injection 06/02/2022 ArcelorMittal’s Sabará unit — Foto: Divulgação/ArcelorMittal/Nitro Histórias Visuais ArcelorMittal, the steelmaker focused on the automotive and industrial sectors, will expand investments in Brazil by R$144 million, totaling R$7.8 billion. The company has been unveiling new capital injections since early last year. The new investment unveiled Tuesday […]
State-owned oil company highlights recently launched National Fertilizer Plan, growth of agricultural sector as attractions 06/02/2022 Petrobras’s fertilizer plant in Três Lagoas — Foto: Divulgação Petrobras hired Bradesco BBI as the exclusive financial advisor to sell nitrogen fertilizer unit UFN-3, in Três Lagoas, Mato Grosso do Sul. In February, the then-minister of Agriculture, Tereza Cristina, […]
R$1.14bn acquisition was unveiled in October and concluded after approval by antitrust regulator CADE 02/06/2022 Softys, a subsidiary of Chilean group CMPC, took over Carta Fabril, owner of the brands Cotton and Coquetel, on Wednesday and overtook Santher, becoming the leader in the Brazilian market of toilet paper, with a market share close to 30%. […]
Companies will invest more than R$2 billion in two projects with total capacity of 738 MWp 06/02/2022 Adriana Waltrick — Foto: Silvia Zamboni/Valor The Chinese interest in the Brazilian power industry is confirmed with yet another acquisition by Spic Brasil, a subsidiary of the state-owned State Power Investment Corporation of China (Spic), this time in […]
Unemployment rate falls to 10.5% in April, to 11.3m people 06/01/2022 The labor market continued to surprise analysts in April. Even though the projections foresee a worsening in the second half of the year, in line with the deceleration of the wider economy, the better-than-expected numbers have already led some to place a positive bias […]