The Italian group Prysmian, a manufacturer of phone and energy cables with seven plants in Brazil, will increase investments in technological innovations and in its main plant in Sorocaba, São Paulo, to expand its production capacity. The overall industry figures point to a growth in fiber optics. In 2020, there were 8.9 million kilometers of […]
The idea of creating a “tax cushion” to soften the blow caused by fluctuations in fuel prices has come up cyclically when oil prices rise in the international market. That’s how the government responds to pressures to “do something” to tackle the rise in fuel prices in the domestic market. The debate is dropped as […]
After the failed attempt to sell Braskem and the suspension of a secondary offering of shares in the Brazilian stock exchange B3, Novonor (formerly Odebrecht) is again studying alternatives to sell its stake in the petrochemical company. BTG Pactual is said to be interested in buying the holding’s debts from creditor banks, which have Braskem […]