Braskem Commences Production of New Bio-Ethylene (HDPE, LLDPE, LDPE, and EVA) Capacity
Braskem, a multinational company, has expanded the production capacity of bio-based ethylene, which is a bio-polymer material that is eco-friendly in nature. The company is widely known for its large contribution towards building a sustainable environment and is always involved in the production of eco-friendly materials that are marketed globally. It has now increased its production capacity by 30%, boosting the rate of production of its bio-based ethylene material.
The plant is situated in Rio Grande do Sul, Brazil. The bio-based-ethylene is mainly known for the special procedure by which it is created, which elaborates the usage of atmospheric carbon dioxide, which is incorporated in the production process to produce the resultant material. Furthermore, the materials produced by using bio-ethylene exhibits low carbon footprints and are non-toxic in nature.
The company earned an investment of around $87 million, which has strengthened the production rate and empowered it to reach around 260,000 tons per year from 200,000 tons which was marked in the previous year. Braskem aims to fulfill the growing demands for sustainable and eco-friendly products in the global market and, with this, escalate its production capacity.
The company produces various bio-based, eco-friendly products, which are produced using reusable resources, emitting less toxic material, and maintaining an ecological balance. The company also produces eco-based resins that are exported to various countries and are associated with around 250 major brands dealing with products such as toys, housewares, industrial cables, and more.
According to the Procurement Resource, Braskem Global company has expanded the production capacity of its bio-based ethylene plant by 30%, which is situated in Brazil. The company mainly aims to produce sustainable biopolymers and eco-friendly products that can be marketed on a large scale. The company also plans to escalate its production rate of biopolymers to 1 million tons by the year 2030, which will contribute towards establishing a sustainable and greener society.