as bcba indu industry petrochemical founded 1948 headquarters buenos aires argentina key people paulo francisco trevia schirch chairman & ceo products pvc caustic soda chlorine sodium hypochlorite revenue us 654.9 million 2012 net income us 22.1 million 2012 number of employees 392 parent braskem website www.solvayindupa.com solvay indupa s bah a blanca facility solvay indupa is an argentine petrochemical company owned by solvay . it was considering selling this business to braskem but the project was rejected by the brazilian competition authority . 1 solvay indupa is one of the largest petrochemical companies in latin america . the company is headquartered in buenos aires and has a brazilian office located in s o paulo . 2 3 4 5 6 7 8 contents 1 history 2 dioxin contamination 3 references 4 external links history edit indupa ind strias patagonicas was established in r o negro province argentina on september 16 1948 and became a leading local producer of chlorine polyvinyl chloride resins pvc and caustic soda . it relocated operations to the petrochemical center in bah a blanca in 1986 ; but an economic crisis in subsequent years forced it into government receivership in 1993 . re privatized in 1995 to a consortium led by dow chemical indupa was acquired in 1996 by brussels based solvay which owns a 51 % stake . the company in turn acquired solvay do brasil and its santo andr facility opened in 1941 in 1998 . 9 in 2013 solvay accepted to sell solvay indupa for brazilian giant petrochemical company braskem the largest petrochemical company in latin america but this sale was refused by the brazilian competition authority . in 2016 unipar carbocloro purchased 70.59 % of the company while committing to a public takeover bid on the remainder of the stock . 10 dioxin contamination edit in 1998 indupa solvay was involved in a european dioxin crisis as it delivered highly contaminated 20 100 times higher than normal lime milk for the use in brazilian citrus pulp pellets . these pellets were distributed as feed for european cattle farms . the contamination was discovered by a german monitoring program that found dioxin trends increasing in butter milk and meat samples starting in february 1998 . 11 moreover recent studies have shown that the landfill and downstream area at the indupa solvay plant are still highly contaminated and have most probably affected the sediments and the flood plains of the rio grande paran river area . 12 references edit solvay takes note of brazilian competition authority s rejection of braskem acquisition of solvay indupa . la intenci n del pago de la deuda volvi a impulsar la suba de bonos y otra baja del riesgo pa s . t lam . 11 march 2010 . solvay indupa completes 150 mln expansion . reuters . 4 june 2009 . solvay unit indupa approves 135 mln usd investment for brazilian vinyls plant . abc money . solvay indupa posts us 70mn 2002 profit argentina . business news americas . 28 february 2003 . solvay indupa to start trading on bovespa brazil . business news americas . 15 september 2008 . solvay to invest 135 mln in brazil vinyls plant . reuters . 14 december 2007 . filial argentina de solvay sufre por falta de fondos . reuters in spanish . 15 january 2007 . solvay indupa origins unipar carbocloro compra 70 59 % do capital da solvay indupa por us 202 milh es . dinheiro in portuguese . 2 may 2016 . malisch rainer 16 april 2014 . increase of the pcdd f contamination of milk butter and meat samples by use of contaminated citrus pulp . chemospere . 40 1041 1053 . doi 10.1016 s0045 6535 99 00352 5 . machado torres joao paulo ; claudio leite ; tomas kraus ; roland weber 25 july 2012 . landfill mining from a deposit of the chlorine organochlorine industry as source of dioxin contamination of animal feed and assessment of the responsible processes . environmental science and pollution research . 20 4 1958 1965 . doi 10.1007 s11356 012 1073 z. retrieved 16 april 2014 . external links edit official website retrieved from https en.wikipedia.org w index.php title solvay indupa & oldid 743151446 categories manufacturing companies based in buenos airesmanufacturing companies of belgiummanufacturing companies established in 19481948 establishments in argentinapetrochemical companieshidden categories pages using duplicate arguments in template callscs1 spanish language sources es cs1 portuguese language sources pt navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 8 october 2016 at 04 42 . text is available under the creative commons attribution sharealike license ; 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