Braskem and Oxiteno sign a partnership to supply bio-attributed ethylene
06 Novembro 2023 - 10:00AM
Business Wire
Oxiteno will receive Braskem's certified raw
material for the production of new sustainable solutions, providing
a breakthrough in the Brazilian chemical industry.
Committed to supporting the circular economy and fighting
climate change, Brazilian petrochemical companies Braskem and
Indorama Ventures IOD - Oxiteno announce a partnership to supply
bio-attributed ethylene from renewable sources.
Bio-attributed ethylene, certified by ISCC (International
Sustainability and Carbon Certification), will be used by Oxiteno
to create new sustainable solutions.
This raw material is the first bio-attributed chemical product
produced by Braskem from the certified mass balance approach. The
concept co-processes traditional carbon sources with recycled or
renewable components to develop chemical solutions with a
sustainability attribute, maintaining properties and quality
compared to conventional solutions. Furthermore, it contributes to
reducing the use of fossil raw materials and greenhouse gas
emissions.
“Braskem and Oxiteno have aligned sustainability initiatives and
this partnership is of great importance for the growth strategy of
both, being one more step for the industry towards a sustainable
future. The initiative should define new paths for sustainability
in our petrochemical sector”, Marlisa Reche explains, Chemicals -
Olefins and Aromatics Business Director at Braskem.
“There is a significant connection between our innovation
strategy and our sustainability objectives. This initiative aligns
with our main guidelines of decarbonization and promoting
eco-efficiency in our operations. This partnership further
underscores our company's mission to 'Reimagine Chemistry Together
to Create a Better World,' enabling us to develop innovative and
sustainable products while ensuring our organization is prepared
for the future”, explains Andrea Campos Soares, Sr VP Business,
Marketing & Innovation at Oxiteno.
About Braskem
With a strategy centered on people and sustainability, Braskem
is engaged in contributing to the value chain to strengthen the
Circular Economy. Braskem’s almost 9,000 team members dedicate
themselves every day to improving people's lives through
sustainable solutions in chemicals and plastics. With its corporate
DNA rooted in innovation, Braskem offers a comprehensive portfolio
of plastic resins and chemical products for diverse industries,
such as food packaging, construction, manufacturing, automotive,
agribusiness, health, and hygiene, and more. With 40 industrial
units in Brazil, the United States, Mexico, and Germany, Braskem
exports its products to clients in over 70 countries.
About Indorama Ventures
Indorama Ventures Public Company Limited, listed in Thailand
(Bloomberg ticker IVL.TB), is one of the world's leading
petrochemical producers, with a global manufacturing footprint
across Europe, Africa, Americas, and Asia Pacific. The Company's
portfolio comprises Combined PET, Integrated Oxides and
Derivatives, and Fibers. Indorama Ventures products serve major
FMCG and automotive sectors, i.e., beverages, hygiene, personal
care, tire and safety segments. Indorama Ventures has about 26,000
employees worldwide and revenue of US$18.7 billion in 2022. The
Company is listed in the Dow Jones Emerging Markets and World
Sustainability Indices (DJSI). In 2022, Indorama Ventures completed
the acquisition of Oxiteno, which is now part of the company's
Integrated Oxides and Derivatives (IOD) division.
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