June 2006

Trends and Resources

HP Impact: HPImpact: South American markets heating up for plant equipment

The demand for Brazilian ethanol and Chilean metals are two of the reasons that healthy growth is forecast for process and environmental equipment in Latin America. The market for pumps will grow from..

Weirauch, Wendy, Hydrocarbon Processing Staff

The demand for Brazilian ethanol and Chilean metals are two of the reasons that healthy growth is forecast for process and environmental equipment in Latin America. The market for pumps will grow from just under $2 billion this year to $2.8 billion in 2010 in all countries of the Americas with the exception of the US and Canada, according to a recent forecast from McIlvaine Co. Annual sales of valves in Latin America will rise from $3.2 billion to $3.9 billion by 2010. Brazil is leading the way in the conversion of sugar cane to ethanol. Already 40% of its transportation fuel is ethanol. Over the next decade, Brazil plans to be energy self-sufficient through a massive investment in more et

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