Braskem and SCG Chemicals to advance in bio-based ethylene project in Thailand
In Pennsylvania, Braskem said that together with Thai company SCG Chemicals, has signed a joint venture agreement to create Braskem Siam Company Limited.
Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize ‘I’m green’ bio-based polyethylene (PE), using the EtE EverG reen technology. The technology results from the partnership agreement between Lummus Technology LLC and Braskem B.V. to develop and license this technology.
The company noted that ‘I’m green’ bio-based polyethylene is a plastic made from a sustainably sourced renewable raw material (ethanol from sugar cane) instead of traditional fossil feedstock.
The new plant in Thailand will almost double the existing capacity of I’m green bio-based polyethylene to meet the growing demand for biopolymers globally, with a focus on the fast-growing demand for sustainable products in Asia, Braskem said.
Category: Fuels
