Brazil: Petroleum Additives Afton Chemical to Invest in Brazilian Facility
Afton Chemical Corporation announced a new investment in a petroleum additive facility at Bayer Industrial Park, in Belford Roxo, Rio de Janeiro.
Rio de Janeiro/Brazil – The new facility will be operated by Afton Chemical Indústria de Aditivos – a Brazil-based subsidiary of Afton Chemical Corporation. The new facility will be operational by mid-2017.
“This investment reflects our commitment to this key strategic growing market,” said Pablo Blazquez, Afton’s Vice President of The Americas.
The new facility is intended to complement and expand Afton’s current footprint in Latin America, which includes subsidiaries in Brazil, Mexico, Argentina and Venezuela.