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Brazilian chemical industry association Abiquim has appointed Fernando Figueiredo as new executive chairman.
Figueiredo will replace Eduardo Bernini as of Monday, May 2, Abiquim said in a release.
Until December 2010, Figueiredo was vice chairman and member of the executive committee of German chemical firm Basf (NYSE: BF) in South America, with responsibilities in plastics, polyurethanes, catalysts and industrial chemicals. He has also been a member of Abiquim's economic commission, spending time heading the association's legal, legislative and communication departments.