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Murray News

Industry offers retailers more money to boost sales

The current scenario of fiercer competition between brands, following the drop in consumer disposable income, has made the industry spend more to try to improve its sales. Amounts paid by companies to retail chains, or negotiations involving discounts on invoices, lost strength in the first year of the pandemic, but accelerated again at levels above […]

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4 de April de 2022/by Gelcy Bueno
Murray News

Oxiteno sold to Thai group for $1.48bn

The sale of the chemical industry Oxiteno — which belonged to Ultra group — to Indorama — leader in the Brazilian PET resin market — was concluded on Friday for $1.48 billion. This way, Indorama Ventures Public Company Limited (IVL) reached the top of the ranking among the ethylene oxide and surfactants producers in the […]

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4 de April de 2022/by Gelcy Bueno
Murray News

Port privatization gains steam, but time is short

The successful auction of the Companhia Docas do Espírito Santo (Codesa) may boost the other port privatization projects underway. However, market players are skeptical about the feasibility of getting them off the ground by 2022, especially the privatization of the Port of Santos — a much more complex project from a technical and political point […]

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1 de April de 2022/by Gelcy Bueno
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