Braskem and SCG Chemicals studying biobased PE joint venture in Thailand

In Thailand, Braskem and SCG Chemicals are considering a joint venture to produce biobased ethylene for conversion into polyethylene plastic. Braskem already produces biobased PE at its facility in Triunfo, Brazil, which it sells under the tradename I’m green^TM. 

“Amidst the ever increasing demand for circular economy and sustainable solutions worldwide, we keep looking for opportunities to expand I’m green^TM bio-based PE availability,” Roger Marchioni, Braskem’s Director for Asia, says in a press statement. “Besides meeting customers’ expectations and contributing to carbon neutrality commitment by 2050, this project may be a landmark for Braskem’s footprint in Asia. We are fortunate to develop this potential partnership with SCG Chemicals that shares the same view in sustainability and has a successful track record in the chemical industry in Asia.” 

If the feasibility studies are approved with mutual agreement between parties, the production facility would be located in Map Ta Phut, Rayong, Thailand.