|
contents | business | |||||||||
| Petrobras kicks off construction work for the Comperj  Brazilian oil giant Petrobras kicked-off the construction work for the Rio de Janeiro Petrochemical Complex (Comperj). The ceremony, which marked the beginning of the earthwork, was attended by the President of the Republic, Luiz Inácio Lula da Silva, in Itaboraí. The earthwork stage is expected to be wrapped-up in the first half of 2009. With costs estimated at some R$820 million, the earthwork will move approximately 45 million cubic meters of earth at the Comperj, equivalent to 12 Maracanã stadiums full of earth, and mobilize upwards of 600 devices. This stage of the work will take 440 consecutive days to be completed. The Comperj marks the Petrobras' return to the petrochemical sector, and will transform the socioeconomic profile of its region of influence. Expected to go online in 2012, with capacity to process 150, 000 barrels of heavy oil from Marlim per day, the project will generate savings of more than $2 billion per year in foreign exchange by reducing oil derivate and petrochemical product imports. With investments in the order of $8.4 billion, it is estimated the Comperj will generate more than 200,000 direct, indirect, and "income effect" jobs during the five years of construction and after the plant goes into operation, all of which on the national scale. To meet this demand, Petrobras, in partnership with the city halls, will qualify some 30,000 professionals in the region. write your comments about the article :: © 2008 Construction News :: home page |