07 May 2009 22:44 [Source: ICIS news]
Braskem is investing Brazilian reais (R) 500m ($237m, €178m) in such a PE plant that will have a production capacity of 200,000 tonnes/year.
The company plans to finish construction of the facility by the end of 2010, a Braskem official said during a conference call with investors.
Braskem, Latin America’s largest petrochemicals producer, expects to become the first company in the world to launch large-scale production of PE from feedstock ethanol.
($1 = R2.11, $1 = €0.75)
For more on ethanol visit ICIS chemical intelligence
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For more on Braskem’s plants, visit ICIS plants and projects
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