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Home > Company Index > Chemicals > Basic & Intermediate Chemicals & Petrochemicals > Copene Petroquímica do Nordeste S.A.

Copene Petroquímica do Nordeste S.A.
NYSE: PNE
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 PROFILE
Stranded in Brazil and desperate for petrochemical building blocks? If so, call Copene Petroquímica do Nordeste, South America's largest basic petrochemicals producer and utility generation company. The company provides ethylene, benzene, and other basic stock to the 40 or so companies within the Camacari petrochemical complex in northeastern Brazil. It also supplies the complex with utilities such as water, steam, electric power, and compressed air. Copene exports about 10% of its products to Argentina, Asia, Europe, Paraguay, Uruguay, and the US. Private petrochemical holding company Nordeste Química S.A.-Norquisa (about 60%) and state-owned PETROBRAS Química-Petroquisa (15%) are Copene's largest shareholders.

 COMPETITION
Exxon Mobil Corporation (XOM)
Lyondell Chemical Company (LYO)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,555.10
1-Yr. Sales Growth: 53.7%
Employees: 1,158
Revenue per employee: $1,342,918.83

 KEY PEOPLE
• Otto Vicente Perrone
    CEO

 CONTACT INFO
Rua Eteno 1561, Pólo Petroquímico de Camaçari
42810-000 Camaçari Bahia, Brazil
Phone: 55-71-832-5102
Fax: 55-71-832-1733
Online: Web Site

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