Braskem & SCG Chemicals Sign JV Agreement to Create Bio-ethylene Plant in Thailand
Braskem, a biopolymer producer, and SCG Chemicals, a petrochemical company in Thailand and Southeast Asia, sign a joint venture (JV) agreement to create Braskem Siam Company. The joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize I'm green™ bio-based polyethylene (PE), using the EtE EverGreen™ technology. The technology results from the partnership agreement between Lummus Technology LLC and Braskem B.V. to develop and license this technology. Sugarcane-derived Polyethylene: I'm green™ bio-based polyethylene is a plastic made from a #sustainably sourced renewable raw material (ethanol from sugar cane) instead of traditional fossil feedstock (e.g., naphtha from oil). This promotes a significant reduction of the plastic's carbon footprint which helps combat climate change. I'm green™ bio-based polyethylene is used in a variety of products, from packaging for food and beverage to personal and home care products, toys, houseware,