Braskem and SCG Chemicals look to expand biopolymer production
Braskem and SCG Chemicals, a leading petrochemical company in Thailand and south east Asia, have signed a joint venture agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bioethylene from bioethanol dehydration.
The aim is to commercialise the I'm green bio-based polyethylene (PE), using the EtE EverGreen technology.
The technology is the result of the partnership agreement between Lummus Technology and Braskem to develop and license it.
I'm green bio-based polyethylene is a plastic made from a sustainably sourced renewable raw material (ethanol from sugar cane) instead of traditional fossil feedstock.
This promotes a significant reduction of the plastic's carbon footprint which helps combat climate change.
The bio-ethylene plant that will enable the production of the I'm green bio-based polyethylene is the first of its kind outside of Brazil.
The new plant in Thailand will almost double the existing capacity of I'm green bio-based polyethylene to meet the growing demand for biopolymers globally, with a focus on the fast-growing demand for sustainable products in Asia.
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