# Videolar-Innova approves R$500M expansion of styrene monomer capacity in Triunfo

Videolar-Innova approved a R$500 million investment to double styrene monomer production capacity at its Triunfo, Brazil plant. The company signed a long-term raw material supply contract with Braskem to enable the project.

- Type: Expansion
- Announced: 2017-04-17
- Where: Triunfo, Rio Grande do Sul, Brazil
- Value: $158.0M (500.0M BRL)
- Status: announced
- Capacity: double capacity of styrene monomer
- Products: styrene monomer
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Videolar-Innova](https://endata.com/companies/4241.md)
- [Braskem](https://endata.com/companies/1071.md) (supplier)

## Sources

- [valor.globo.com](https://valor.globo.com/empresas/noticia/2017/04/17/videolar-innova-aprova-expansao-de-r-500-milhoes-1.ghtml), 2017-04-17: "A Videolar-Innova, petroquímica do empresário Lírio Parisotto, está pronta para levar adiante um investimento de R$ 500 milhões para duplicar a capacidade de produção de monômero de estireno em Triunfo (RS)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.