Braskem invests $87M to increase bio-based ethylene plant by 30%

In Brazil, Braskem concluded in June a 30% increase in the production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The $87 million investment aims to meet the growing global demand for sustainable products. The plant now operates at an increased capacity, from 200,000 to 260,000 tons/year. Braskem’s bio-based ethylene is made from sustainably sourced, sugarcane-based ethanol which removes CO2 from the atmosphere and stores it in products for daily use.

The initiative is an important advance in the company’s ambition to increase the production of biopolymers to one million tons by 2030, and to become carbon neutral by 2050.