Brazil’s Braskem looking to balance its feedstock portfolio

24 May 2013 03:08  [Source: ICIS news]

SAO PAULO (ICIS)--Braskem is in the process of balancing its portfolio of chemical-making feedstocks in the coming years, an executive with the global producer maker said on Thursday.

At present, Braskem’s feedstocks are 80% naphtha and 20% ethane, but the company is in the process of being 50:50 within the next several years, said Luciano Guidolin, the Brazil-based company’s executive vice president for polyolefins. He made his comments on the sidelines of the 2013 Feiplastic convention.

Braskem currently is taking part in building the Comperj petrochemical complex in Brazil and the Ethylene XXI project in Mexico.

When they come online in the next few years, their ability to crack ethane gas into chemicals will balance Braskem’s feedstock mix and give the company flexibility in the future, he said.

“In our view, it is relevant because it would make Braskem a company [that can be] competitive during the fluctuations that we might experience in the future in the trade off between the two raw materials and give us opportunities to explore the other chemical derivatives and the other molecules in the naphtha chain,” Guidolin added.

Since ethane is a lighter molecule, cracking it derives lesser amounts of more complex olefins such as propylene and butadiene.

Naphtha is a heavier feedstock and thus makes more propylene and butadiene.

Feiplastic continues through Friday.

By: Jeremy Pafford
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