Braskem taps Terra Circular to form plastic recycling JV
5/13/2022 12:54:47 PM
(Reuters) - Brazilian petrochemical producer Braskem said on Thursday it had formed a joint venture with Terra Circular aiming to convert low-quality plastic waste into final products.
Netherlands-based Terra Circular will provide the JV all the shares in its subsidiary ER Plastics, which has a capacity to recycle 23,000 tonnes of plastic waste per year.
(Reporting by Peter Frontini Editing by Mark Potter)
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