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Braskem and Cosan create partnership to leverage circular economy and carbon neutrality

November 23/2021

MOSCOW (MRC) -- Brazilian polyolefins producer Braskem and Cosan, a conglomerate producer of bioethanol, sugar and energy, have created a partnership to carry out initiatives in favor of a more sustainable future for Brazil, as per Braskem's press release.

The companies assumed a joint commitment to leveraging the circular economy and carbon neutrality - essential for the sustainability of the entire production and consumption cycle - through various actions that effectively contribute to the agenda against climate change.

Braskem and Cosan will work together with its companies Raizen, Compass, Comgas, Moove and Rumo to lead initiatives to reduce carbon emissions, and reduce energy consumption and the use of fossil fuels.

The partnership will leverage Braskems green plastic production chain, where it uses sugarcane to make plastic to replace fossil fuels.

One front of the partnership that will start immediately, is to give new meaning to the destination of part of the waste generated in street races sponsored by Cosan. The two companies are carrying out a project to collect, at sporting events, plastic cups that will be recycled and turned into trash cans that will be donated to public schools, generating a positive social impact. The first action has already taken place and 850 kg of polypropylene (PP) cups were collected, a quantity that will be transformed into more than 500 garbage cans.

In the last five years, Cosan group has helped Braskem meet its sustainability goals by reducing carbon dioxide (CO2) by 2.4m tonnes through the supply of ethanol from its joint venture, Raizen. Over the next five years, Braskem expects to reduce its emissions an additional 3m tonnes of CO2.

As MRC reported earlier, in April 2021, Cyclyx International, a consortium-based feedstock management company with a mission to increase the recyclability of plastic from 10% to 90%, and Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announced that Braskem had joined Cyclyx as a member.

As a member of the Cyclyx consortium, Braskem will have access to the Cyclyx platform which includes an integrated set of innovations including chemical characterization of plastics and predictive modelling of feedstock sources to product pathways, custom feedstock recipes, and customized supply chains.  These innovations aim to deliver waste plastic feedstock appropriate for all existing and new mechanical and advanced recycling pathways.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in the first nine months of 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.

Braskem S.A. produces petrochemicals and generates electricity. The Company produces ethylene, propylene, benzene, toluene, xylenes, butadiene, butene, isoprene, dicyclopentediene, MTBE, caprolactam, ammonium sulfate, cyclohexene, polyethylene theraphtalat, polyethylene, and polyvinyl chloride (PVC).
Author:Margaret Volkova
Tags:PP, PE, petrochemistry, recikling, containers/disposable tableware, Braskem, sustainable development, Brazil.
Category:General News
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