Unipar Carbocloro Explained

Unipar Carbocloro S/A
Type:Sociedade Anônima
Foundation:1969
Location:São Paulo, Brazil
Key People:Frank Geyer Abubakir, (CEO)[1]
Area Served:Brazil
Industry:Chemicals
Products:Petrochemical
Num Employees:2800
Revenue: US$ 926.3 million (2017)[2]
Net Income: US$ 92.8 million (2017)

Unipar Carbocloro is a publicly traded Brazilian chemical company based in São Paulo and chaired by Frank Geyer Abubakir.[1]

History

Founded in 1969[3] as União Participações Industriais Ltda., the company is the owner of an industrial complex for the production of chemicals, polyolefins and other oil derivatives, and was a pioneer in the installation of petrochemical complex of São Paulo.

After a consolidation process in the 1980s and 1990s, the company changed its name to Unipar - União de Indústrias Petroquímicas S/A and began a period of expansion from the early 2000s with the incorporation of new company Rio Polímeros and capacity increases at Petroquímica União and Polietilenos União subsidiaries.

In 2008 the company consolidated its assets in southeastern Brazil in the Quattor Participações holding and in 2010 the company was sold to Braskem and Petrobras. Thus, Braskem became the largest petrochemical company in Latin America.[4] [5]

Unipar maintained its investment in other businesses and in 2013 acquired the remaining shares of Carbocloro company from the Occidental Petroleum Corporation.[6] The result was the creation of Unipar Carbocloro S/A, a publicly traded company that used to have minority shareholding capital of Tecsis Technology (but no longer own it) and Advanced Systems S/A.[7] In its current shareholder structure, Unipar Carbocloro exists since May 2013 when the deal was approved by the Administrative Council for Economic Defense (CADE).[8]

Products

Unipar Carbocloro operates in the soda and chlorine industry.

Production capacity[9]

ProductProduction capacity
Chlorine 355,000 tons/year
Caustic Soda 400,000 tons/year
Dichloroethane 140,000 tons/year
Hydrochloric Acid 630,000 tons/year
Sodium Hypochlorite 400,000 tons/year

Other activities

Unipar Carbocloro owns 25.17% of the company Tecsis Tecnologia e Sistemas Avançados S/A,[10] a wind turbine manufacturer. In 2014 Tecsis planned to build a new plant in Camaçari, Bahia state.[11]

Notes and References

  1. Web site: uniparcarbocloro.com.br. www.uniparcarbocloro.com.br. 25 September 2023.
  2. Web site: DRE - Consolidado.
  3. Web site: Contendo. www.uniparcarbocloro.com.br. 25 September 2023.
  4. Web site: Unipar, Braskem e Petrobrás fecham acordo sobre Quattor - Economia .
  5. Web site: G1 > Economia e Negócios - NOTÍCIAS - Braskem compra controle da Quattor e cria maior petroquímica das Américas. g1.globo.com. 25 September 2023.
  6. Web site: Unipar anuncia compra do restante da Carbocloro por R$550 mi . 22 March 2013 .
  7. Web site: Unipar vai investir US$ 80 milhões na Tecsis . 31 January 2012 .
  8. Web site: Cade aprova compra da Carbocloro pela Unipar. 21 August 2022 .
  9. http://www.uniparcarbocloro.com.br/uniparcarbocloro/web/conteudo_pt.asp?idioma=0&conta=28&tipo=48807&v=1 Contendo
  10. Web site: BNDESPar e Unipar ficarão cada um com 25% do capital da Tecsis . 30 May 2011 .
  11. News: Como a Tecsis aproveita os bons ventos da energia brasileira . 5 August 2013 . http://exame.abril.com.br/publicidade/ge/como-a-tecsis-aproveita-os-bons-ventos-da-energia-brasileira . 12 April 2015 . pt.