terça-feira, 20 de março de 2007

Synthetic fiber industry in Brazilian petrochemical textile complex

According to Abrafas, sector of artificial and synthetic fibers is an important part of the “petrochemical textile complex”. As confirm studies of BNDES, the use of natural fibers tends to be substituted by the utilization of synthetic fibers. Nowadays, it has been divulged at important communication vehicles the return of investments in this area, with the future creation of Suape’s Petrochemical Textile Complex, in Pernambuco.

This initiative aims to recover the competitiveness of the sector, which was lost with commercial openness at the 1990 decade, with Real’s valuation. At this period, there was a productive reorganization in Brazilian textile sector, which it passed to import from Asian countries raw materials for national production, as the partially oriented yarn (POY).

This type of industry is intensive in use of capital and raw material, which needs an integrated productive chain, a large scale production, to, at this way, make the product be cheaper. In Brazil, at the 1990’s, most part of Brazilian companies of this sector had passed to many processes of fusions and acquisitions, being specialized in niches of high aggregate value, at superior stages, after the POY production.

Recently, the Companhia Petroquímica de Pernambuco (Petroquímica Suape), the Companhia Integrada Têxtil de Pernambuco (Citepe), the Companhia Integrada Têxtil do Nordeste (Citene), the Petróleo Brasileiro S/A (Petrobrás) and the Petrobrás Química (Petroquisa) had made a reunion to do a Project structuralizing the petrochemical textile chain in Brazilian Northeast, to nationalize the production of POY, to promote a bigger integration of the productive structure and to raise the scale of Brazilian production.

This raw material will be produced by Citepe, whose shareholding composition come from Petroquisa (40%) and from Citene (60%). The Petroquímica Suape will be responsible for the production of PTA, an important raw material for this industry (ABIT). In this way, according to Petrobrás, Brazil will be able to face the international competition (TN Petróleo) and create more opportunities of economic growth.

This new industrial area will have the government support, which will supply the land, tax freeness and a huge investment at the region (Abrafas). Moreover, the Citepe will count with Banco do Brasil’s loans, for machines and equipments import and it’s also negotiating with the Banco do Nordeste (Jornal do Commercio).

The petrochemical textile sector is strategically important to Brazil, guaranteeing the national market supplying and generate exportable surplus. It’s expected that this project will attract important investments for Pernambuco, promoting a bigger regional development and, consequently, making more employs and yeld.

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