23 April 2012 17:00 [Source: ICIS news]
LONDON (ICIS)--Braskem Idesa, a joint venture between Brazil-based Braskem and ?xml:namespace>
“The next steps are conclusion of the project finance in the next few months and to initiate the civil construction in May and the electro-mechanical a few months later,” said Cleantho Leite, commercial director of Braskem Idesa and a business development director with Braskem.
The FEED (front-end engineering and design) work has been completed, almost 50% of the site preparation/land movement has been completed and purchase orders have been placed for most of the long lead items, he said to ICIS. “Conclusion and start-up are set for beginning/mid 2015,” he added.
Located in the Nanchital region of
Planned downstream production includes two high density polyethylene (HDPE) plants with capacities of 350,000 and 400,000 tonnes/year and one 300,000 tonne/year low density polyethylene (LDPE) plant. INEOS is providing the HDPE technology, while LyondellBasell is providing the LDPE technology.
Braskem also provided an update on potential investments in
The project would be located in the Paraguana region and would be based on propylene from the Paraguana refinery complex. Braskem and Pequiven had also been studying an ethylene/PE investment in
The 300,000 tonne/year Propilsur PP project is being re-evaluated and is in the second stage of the front-end loading (FEL 2) phase, said Thiesen. “We expect some further advances in these preliminary studies in order to set new target dates,” he said.
Propilsur could analyse the possibility of returning to the ethylene/PE project, if
The company is also progressing a project in
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