28 October 2010 20:44 [Source: ICIS news]
The project would cost $100m (€73m), the company said, adding that the plant would have a minimum capacity of 30,000 tonnes/year.
Braskem did not disclose where it plans to build the plant.
Braskem has said it plans to build a second green PE unit with 350,000 tonnes/year of capacity.
The Brazilian company said its customers had agreed to pay a premium as high as 66% for green PE.
($1 = €0.73)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|