Braskem to invest R300m in new Brazil BD plant

14 January 2011 21:01  [Source: ICIS news]

HOUSTON (ICIS)--South American petrochemicals major Braskem plans to invest Brazilian reais (R) 300m ($180m, €135m) constructing a new butadiene (BD) plant in Brazil, a company spokesperson said on Friday.

The plant will have a 100,000 tonne/year capacity and begin production in 2013.

The investment will boost Braskem’s BD capacity by 30%.

The company has two BD extraction units in Brazil with a combined capacity of 335,000 tonne/year.

The figure does not include a third BD plant, owned by Quattor, which is in the process of merging with Braskem.

($1 = €0.75)
($1 = R1.67)

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By: William Lemos
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