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Braskem mulls new US plant fed by cheaper shale gas feedstock

May 21/2012

(plasteurope) -- While announcing its Q1 2012 results, which were down amid rising feedstock costs, especially naphtha, Brazilian petrochemical giant Braskem said it was looking into switching its US polypropylene plants to shale gas feedstock.  CEO Carlos Fadigas said Braskem was close to reaching a decision on whether to build its own plant to process propane from natural gas or form a joint venture.

Fadigas reportedly said the decision on whether to build such a facility and in what constellation would be made this year. Braskem had bought Dow Chemical?s (Midland, Michigan / USA) polypropylene business in the US last year.
Author:Anna Larionova
Tags:PP, propylene, ethylene.
Category:General News
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