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"industry news" Category
Boeing and Embraer Likely to Reach a Deal, Brazil Defense Chief Says

Comments suggest a shift after ministry’s caution on the talks
Boeing Co. and Embraer SA are getting closer to a deal, Brazil’s new defense chief said, as talks advance to forge the second global alliance between major airplane manufacturers in six months.

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Norsk Hydro completes Brazil aluminum extrusion plants acquisition

Norsk Hydro completed Monday its acquisition of Arconic's two aluminum extrusion plants in Brazil. Last December, Hydro announced that it would pay $10 million for the two extrusion plants in Utinga and Tubarao in southern Brazil.

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US will negotiate exemption on Brazilian steel imports, Temer says

President Michel Temer reported during a meeting of the Economic and Social Development Council (CDES) on Wednesday (21 March) that the United States government has designated Brazil as one of the first countries with which it will negotiate an exemption in the recently-announced tariffs on steel

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Suzano wins battle for Fibria, creating Brazil pulp giant

SAO PAULO (Reuters) - Brazil’s Suzano Papel e Celulose SA (SUZB3.SA) won a battle to tie up with larger rival Fibria Celulose SA (FIBR3.SA), creating the world’s biggest wood pulp producer despite aggressive offers from Netherlands-based Paper Excellence BV.

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U.S. space companies aim to help Brazil rocket base lift off

BRASILIA (Reuters) - U.S. companies eager to tap into the fast-growing market for low-cost satellite launches could become the first customers when Brazil’s Alcantara space center near the equator opens as a commercial spaceport, executives and Brazilian officials said.

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Amazon may finally bring its full retail business to Brazil

In 2017, Amazon Brazil started allowing third-party sellers to list their items on the website. Apparently, though, that could've been just the beginning of the e-commerce titan's expansion in the biggest retail market in Latin America.

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Wintershall looks to Brazil for new oil production ventures

KASSEL, Germany (Reuters) - BASF’s oil and gas subsidiary Wintershall announced plans on Wednesday to expand into Brazil’s growing offshore oil sector as part of a drive to boost sales and profit this year.

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Brazil's defense minister says SpaceX, Boeing interested in launching from Amazon base

Brazil's defense minister said on Thursday that Boeing, Lockheed Martin, SpaceX and other U.S. aerospace companies have expressed interest in launching rockets from its Alcantara military base near the equator and visited the site in December.

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Nestle set to launch first organic products in Brazil in coming weeks

Nestle SA will launch its first organic food line in Brazil in the coming weeks, an executive told Reuters, as the world’s biggest food company makes a global push to capture growing interest in healthy and organic products.

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Oracle hires former Salesforce Brazil head

Former Salesforce Brazil head Mauricio Prado was hired by Oracle as sales Vice President for business applications.

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