AFPM '12: Expect Rio cracker details this year - Braskem

01 April 2012 18:11  [Source: ICIS news]

SAN ANTONIO, Texas, (ICIS)--More details of Braskem’s world-scale cracker investment in Rio de Janeiro can be expected this year following discussions with Petrobras over the feedstock slate for the complex, the Brazilian chemical producer’s executive vice president for basic petrochemicals, Rui Chammas, said on Sunday.

State-owned oil producer Petrobras, which has a major stake in Braskem, has worked on the size and basic structure of the long-delayed refining and petrochemical project, which is tied to Petrobras’s production from its giant offshore pre-salt oil and gas reserves. It is expected to be the largest petrochemical complex in Latin America.

The complex will come on-stream between 2016 and 2018, Chammas said on the sidelines of the AFPM International Petrochemical Conference (IPC).

It will include two refineries while its cracker is expected to be fed with ethane as well as liquids, it was revealed last year. The refining capacity is needed to help meet Brazil’s growing demand for fuel.

Downstream petrochemicals production is expected to include polyethylene (PE), polypropylene (PP), styrene, ethylene glycol (EG) and paraxylene (PX).

Hosted by the American Fuel & Petrochemical Manufacturers (AFPM), the IPC continues through Tuesday.

By: Nigel Davis
+44 20 8652 3214

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