Braskem studies Thai plant with SCG Chemicals

Braskem studies Thai plant with SCG Chemicals

Equity M&A Asia Brazil Energy

Brazilian petrochemical company Braskem said Thursday that its Dutch subsidiary has signed a memorandum of understanding with SCG Chemicals to study the construction of a green plastics production plant in Thailand. The new bio-ethanol dehydration plant would produce bio-ethylene and bio-based polyethylene at SCG Chemicals' petrochemical complex in the province of Rayong, Brasekem said in a securities filing.  The project aligns with Braskem's goal of going carbon neutral by 2050 as it diversifi

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