TAGS: Sustainability / Natural Solutions
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, and plastic bags, to name a few. It can also be mechanically or chemically recycled just as regular polyethylene.
The bio-ethylene plant, that will enable the production of the I'm green™ bio-based polyethylene is the first of its kind outside of Brazil. The new plant in Thailand will almost double the existing capacity of I'm green™ bio-based polyethylene to meet the growing demand for biopolymers globally, with a focus on the fast-growing demand for sustainable products in Asia.
The combination of Braskem's bio-based plastics know-how with SCG Chemicals' position in the Asian market and expertise in PE production provides a solid business basis for the joint venture. Braskem will contribute with proven technology through its partnership with Lummus Technology, operational experience in the ethanol dehydration process.
SCG Chemicals will provide expertise in high-quality
polyethylene grades for different applications, operational excellence in polyethylene manufacturing and market reach in Southeast Asia.
Meeting Increasing Demand for Sustainable Solutions
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We are always looking for opportunities to expand the I'm green™ bio-based PE offer to deliver circular low carbon alternatives to our customers to meet their increasing demand for sustainable solutions,” said Roberto Bischoff, chief executive officer of Braskem.
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This partnership with SCG Chemicals is aligned with our commitment to produce 1 million tons of green products by 2030, replacing fossil with renewable feedstock, and contributing to lowering the carbon footprint of our industry," added Bischoff.
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SCGC aims to develop Green Innovation, for example, environmentally friendly polymer (Green Polymer) and innovation for low carbon solution through increasing Green Polymer product portfolio to reach 1 million tons annually by 2030 following ESG standards (Environmental, Social, and Governance),” Tanawong Areeratchakul, chief executive officer and president of SCG Chemicals Public Company (SCGC).
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This joint venture and partnership between SCGC and Braskem for bio-ethylene production for Green Polymer is one of the essential strategies of SCGC to expand our green business, satisfying the soaring demand from megatrend of environmentally friendly plastic which has a robust growth rate, especially in Asia and Europe,” continued Areeratchakul.
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Thus, this joint venture aims to produce sugarcane-derived bio-ethylene instead of fossil ethylene, by the technology from the collaboration of Braskem-Lummus. The business of the joint venture is in accordance with the guidelines for the development of the Bio-Circular-Green Economy: BCG model of Thailand," added Areeratchakul.
Source: Braskem