Braskem, Idesa inaugurate Petrochemical Complex in Mexico
Braskem, one of the largest petrochemical companies in the Americas, inaugurated its Petrochemical Complex in Mexico, in partnership with Mexican company Idesa. With annual integrated production capacity of 1.05 million tons of ethylene and polyethylene, the Braskem Idesa Petrochemical Complex is an important step for growth in the Americas and diversification of raw material sources, underlining Braskem's internationalexpansion strategy.
Production from the Petrochemical Complex will prioritize both clients in Mexico, providing them technical support and developing applications locally, and in the United States, Europe, Asia, and Central and South America.
With the additional production from Mexico, Braskem now has production capacity of 8.7 million tons of thermoplastic resins, including polyethylene, polypropylene and PVC. With this volume, Braskem reinforces its global leadership as one of the five largest producers of thermoplastic resins.
The result of a US$5.2 billion investment, the Petrochemical Complex in Mexico is considered the largest greenfield investment ever made by a Brazilian company abroad. The Complex houses an ethylene gas-based cracker and three polyethylene plants - two for linear high-density polyethylene and one for linear low-density polyethylene.
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