Braskem has approved an estimated R$ 4.2 billion (about $780 million) investment to expand production capacity at its petrochemical complex in Rio de Janeiro, Brazil, marking a major step in its long-term industrial growth
S-Oil’s $7 billion Shaheen project in Ulsan is approaching completion, emerging as a pivotal development in South Korea’s effort to revitalise its petrochemical sector amid chronic oversupply and shrinking margins.