Chevron Closes Brazil’s Oronite Plant

Chevron Oronite Company LLC announced today that it is closing its  manufacturing plant operated by its subsidiary, Chevron Oronite Brasil Ltda, in Mauá, state of São Paulo, Brazil.

The decision was made after extensive strategic and economic studies completed in the second half of 2004.  On January 18, the employees of this facility were advised that the company had decided to sell or shut down the plant.


“A recent study of our Brazilian operations focused on Oronite’s continuing efforts to deliver maximum value from our manufacturing facilities worldwide. When the various options were evaluated, it became evident that selling or shutting down Maua would result in streamlining our global manufacturing structure and maximizing capacity utilization at our major plants,” said Ronald Kiskis, president, Chevron Oronite Company.


Latin America remains a very important market for Oronite and the company is committed to providing superior service to our customers.


Additives and packages that are currently manufactured in Brazil and supplied to Brazil and other Latin American markets will be supplied from other global facilities.


In order to supply the major Latin American markets, a third party terminal will be established at Santos Port near Sao Paulo and other locations are being considered.


“Decisions like this are not made without extensive review and careful consideration of all factors. We know that this decision will greatly impact our employees in Brazil who have been valued members of the Oronite family for over 25 years.


“Oronite employs 127 people at its Mauá manufacturing plant. While the exact number of jobs that will be impacted is still under review, we expect Sales positions and some Supply Chain, Finance, Human Resources and other administrative positions to stay intact. We estimate that most of transition will be completed by the end of 2005,” said Kiskis.


Chevron Oronite Company LLC is a subsidiary of ChevronTexaco. It is a leading developer, manufacturer and marketer of specialty chemicals that provide additives solutions to customers globally.


Oronite has manufacturing sites in the United States, Mexico, France, India and Singapore. Formed in 1917 Oronite employs nearly 2,000 people around the world with headquarters in San Ramon, California.


ChevronTexaco Corp.
www.chevrontexaco.com


PRNewswire

Tags:

You May Also Like

Brazil Exports Grow 31%

Brazilian exports yielded US$ 16.892 billion from the beginning of the year to the ...

Promoting in Brazil Middle East’s Way of Prophet Abraham

Some of the objectives of the "Abraham Path Initiative" are promoting cultural exchange and ...

The Rise of the Brazilian Empire

Brazil’s imperialism is generally overlooked by Brazilians. The boundaries of Brazil were created mainly ...

Brazilian Market Grows with an Arab Zest

Ever since it’s inauguration in 1991, the Emporium São Paulo supermarket chain, founded by ...

Rice and Lula Discuss Brazil-US Ethanol Joint Efforts

US Secretary of State, Condoleezza Rice, arrived in Brazil on Thursday, March 13, for ...

Brazil: In São Paulo, It’s Always Killing Season

Killing has become a sad routine in São Paulo, South America’s largest city. Criminal ...

Brazil and Latin America Gather in Spain for Summit

Brazilian President Luiz Inácio Lula da Silva arrived today in the Portuguese city of ...

Industry Leader Calls Brazil’s Divorce from IMF a Hospital Discharge

Brazil’s Federation of Industries of the State of São Paulo (Fiesp) considered the government’s ...

60% of Brazilians or 48 Million People Work Under the Table

Over half of Brazilian workers make their livings in the informal economy, estimated in ...

Police in Brazil Search for Links Between Ruling Party PT and Organized Crime

Brazilian police are looking into the possible existence of links between the ruling Workers ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`