ABB confirms $650-million Brazil Petrochemicals Order.Business Editors ZURICH, Switzerland--(BUSINESS WIRE)--March 20, 2000 ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s , the global technology company, confirmed today that a consortium consisting of ABB and Snamprogetti of Italy has signed a US$650-million order to develop a greenfield gas chemical complex near Rio de Janeiro Rio de Janeiro, city, Brazil Rio de Janeiro (rē`ō də zhänā`rō, Port. rē`  thĭ zhənĕē`r , Brazil. ABB announced in January of this year that it had signed a Letter of Intent on the deal. The order was placed by Rio Polimeros Ltda. and covers the design and construction of ethylene ethylene (ĕth`əlēn') or ethene (ĕth`ēn), H2C=CH2, a gaseous unsaturated hydrocarbon. It is the simplest alkene. and polyethylene facilities using proprietary ABB ethylene process technology. The plant is scheduled to enter commercial operation at the end of 2003. Rio Polimeros Ltda. is owned by Brazilian petrochemicals groups Suzano and Unipar, as well as state oil company Petrobras and BNDES BNDES Banco Nacional de Desenvolvimento Econômico e Social (Brazilian Development Bank) BNDES Banco Nacional de Desenvolvimento Econômico e Social (Brasil) development bank. ABB http://www.abb.com is a global technology company serving customers in power transmission and distribution; automation; oil, gas, and petrochemicals; industrial products and contracting; and in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . Power generation customers are served by ABB ALSTOM POWER. The ABB Group employs about 165,000 people in more than 100 countries. |
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