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Braskem & INEOS Technologies Enter Strategic Partnership for Polyethylene (PE) Technologies

November 12/2010

(PRNewswire) -- Braskem and INEOS Technologies have entered into a strategic partnership for PE technologies, under which Braskem is able to acquire licenses for Innovene S slurry and Innovene G gas-phase technologies to produce high density PE and linear low density PE, in future petrochemical projects. In addition, Braskem and INEOS Technologies will jointly conduct research and development programs for the slurry and gas-phase PE platforms.

The first petrochemical project to benefit from the partnership is the Etileno XXI project in Mexico, a project that is the basis of the newly established Braskem IDESA S.A.P.I joint venture between Braskem and GRUPO IDESA. The plants will produce a full range of monomodal and bimodal high density and medium density polyethylene resins, with a total name plate capacity of 750 KTA. Key product areas to be served by the new plants include pipe, blow molded containers, injection molding parts, film, and rotomolded tanks.

Braskem is the largest producer of thermoplastic resins in the Americas. With 31 plants located throughout Brazil and the Unites States, the company produces more than 14 billion pounds of thermoplastic resins each year.


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