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Foreign investors want to partner for "green" ethylene production - Braskem CEO

October 05/2010

(BNAmericas) -- Brazilian petrochemical company Braskem has received proposals from four foreign companies, from the Americas, Asia and Europe, to install a sugarcane-based ethylene facility overseas, Braskem CEO Bernardo Gradin told  at Triunfo petrochemical hub in Rio Grande do Sul state, where the company recently began producing "green" polyethylene (PE).


"We have received four invitations from different countries to implement the same project, which could even use Brazilian ethanol," Gradin said.

 

Braskem inaugurated a facility on September 24 that produces 200,000t/y of "green" ethylene, which in turn is fed into the company"s PE units to generate the same quantity of the bio-resin.

The exact location of a new "green" ethylene facility is still being evaluated. Though Braskem"s main ethanol suppliers are located in the southeast, installing a plant in this region could be more expensive, Gradin said.

 

The company plans to announce a new "green" PE project through the end of the year.

 

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