Unipar Carbocloro

Unipar Carbocloro S/A

Type	Sociedade Anônima
Traded as	BM&F Bovespa: UNIP3, UNIP5, UNIP6
Industry	Chemicals
Founded	1969
Headquarters	São Paulo, Brazil
Area served	Brazil
Key people	Frank Geyer Abubakir, (CEO)[1]
Products	Petrochemical
Revenue	R$ 355.386 million (2012)[2]
Net income	R$ 39.282 million (2012) [3]
Parent	Vila Velha S/A Administração e Participações[4]
Website	www.uniparcarbocloro.com.br

Unipar Carbocloro is a publicly traded Brazilian chemical company based in São Paulo and chaired by Frank Geyer Abubakir.^[5]

History

Originally founded in 1969^[6] 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.^[7][8]

Unipar maintained its investment in other businesses and in 2013 acquired the remaining shares of Carbocloro company from the Occidental Petroleum Corporation.^[9] The result was the creation of Unipar Carbocloro S/A, a publicly traded company that owns 25% of the total capital of Tecsis Technology and Advanced Systems S/A.^[10] In its current shareholder structure, Unipar Carbocloro exists since May 2013 when the deal was aprroved by the Administrative Council for Economic Defense (CADE).^[11]

Products

Unipar Carbocloro operates in the soda and chlorine industry.

Unipar Carbocloro plant in the city of Cubatão, São Paulo state

Production capacity^[12]

Other activities

Unipar Carbocloro owns 25.17% of the company Tecsis Tecnologia e Sistemas Avançados S/A,^[13] a wind turbine manufacturer. In 2014 Tecsis planned to build a new plant in Camaçari, Bahia state.^[14]

References