Braskem PNA (BOV:BRKM5)
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By Nathan Allen
Siemens AG (SIE.XE) said Tuesday that it will modernize a cogeneration plant at Braskem SA's (BRKM5.BR) Sao Paulo petrochemical complex.
The German engineering group said it will overhaul the existing plant, which provides steam and power to the complex's steam-cracker unit, and operate it for 15 years.
Siemens said it expects to complete the project in early 2021.
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(END) Dow Jones Newswires
April 09, 2019 10:09 ET (14:09 GMT)
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