Braskem May Move From Alagoas to Espírito Santo

Written by Renato Oliveira

Published on 22/05/2019 at 01:00

Updated on 04/06/2019 at 15:50

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Braskem Petrochemical from Odebrecht Group Has Activities Halted by the Federal Public Ministry of Alagoas and Is Considering a Move

While the MPF-AL investigates the causes and damages to the environment and properties in the neighborhoods of Pinheiro, Mutange, and Bebedouro, Braskem will have all its activities halted; the suspension began on May 9.
The petrochemical company was conducting mining activities in Maceió, Alagoas, when a report from the National Geological Service indicated signs of soil compromise since 2018, leading the Court of Justice of Alagoas to order a “preventive” freeze of up to US$ 25.45 million in the company’s financial assets.

Concerns about the company’s situation, which is purchasing raw materials from abroad to honor contracts, were expressed by President Fernando Musa, who stated that if the company’s activities do not return to normal within six months, it will have to leave the state of Alagoas.

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Loss for the State

If the move is confirmed, the state of Alagoas could see a reduction in revenue of up to 30% of the gross domestic product, a fact that is already alarming local authorities.
Braskem has been operating in the state for forty-four years, and the company’s stock has fluctuated significantly with the prohibition and suspension of activities.

According to Federal Public Prosecutor Niedja Kaspary, there was a failure in the company’s oversight by IMA (Environmental Institute) of Alagoas, while Governor Renan Filho stated there was nothing abnormal in the oversight; the reality is that everyone is hoping for a favorable outcome for the state.

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Braskem May Move From Alagoas to Espírito Santo

Braskem Petrochemical from Odebrecht Group Has Activities Halted by the Federal Public Ministry of Alagoas and Is Considering a Move

Loss for the State

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Braskem May Move From Alagoas to Espírito Santo

Braskem Petrochemical from Odebrecht Group Has Activities Halted by the Federal Public Ministry of Alagoas and Is Considering a Move

Loss for the State

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

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Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

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