In a recent development in the Brazilian chemical industry, Unipar Carbocloro, a major player in the chlor-alkali and PVC manufacturing sector, has put forward a non-binding proposal to acquire control of Braskem, the leading producer of polyolefins in Brazil. This move holds significant implications for both companies, as well as for the overall market dynamics … Read more
Braskem, the Brazilian petrochemical company, has received a joint non-binding offer from Apollo Global Management and Abu Dhabi National Oil Company (ADNOC). However, the terms of the offer have divided opinion in the market, with creditor banks not unanimous on the figures, and doubts remain as to whether Petrobras will agree to sell its stake … Read more
Lummus Technology has announced a partnership with Braskem, one of the largest biopolymer producers in the world, to license green ethylene technology. Lummus and Braskem will license worldwide technology to produce green ethylene and accelerate the use of bioethanol for chemicals and plastics, supporting the industry’s efforts towards a carbon-neutral circular economy. “We are truly … Read more
Lummus Technology announced that it has executed a memorandum of understanding (MoU) with Braskem Netherlands B.V., a subsidiary of Braskem, the largest biopolymer producer in the world. The MOU is for the licensing of Braskem’s green ethylene technology for two ethanol to ethylene conversion projects under development in North America and Asia, signaling a global … Read more
Braskem has signed a memorandum of understanding (MOU) with the SCG Chemicals to perform studies to jointly invest in a new bio-ethanol dehydration plant in Thailand to produce bio-ethylene and I’m greenTM bio-based Polyethylene. If implemented, this cooperation could double the existing capacity of I’m greenTM bio-based PE. “Amidst the ever-increasing demand for circular economy … Read more
Braskem, a Brazilian petrochemical producer said on September 10th that the company’s 450,000 metric tons per year polypropylene plant in LaPorte, Texas, along the Houston Ship Channel completed its initial commercial production. “The launch of commercial production at our new world-class polypropylene production line in La Porte clearly affirms Braskem’s position as the North American … Read more
Chemetry and Braskem will construct and operate a Demonstration Plant using Chemetry’s eShuttle technology for the production of ethylene dichloride (EDC) in Brazil. The eShuttle technology has been pioneered in Chemetry’s laboratories and fully integrated pilot plant in Moss Landing, California. The eShuttle EDC Process uses a unique metal halide ion process to produce high … Read more
Braskem SA announced on Thursday that it was shutting down its chlor-alkali production facility in Camaçari in the state of Bahia because it had reached the end of its lifespan. The unit in Bahia has a capacity to produce 79,000 tonnes of caustic soda and 64,000 tonnes of chlorine per year. “The market will not … Read more