
Braskem and SCG Chemicals JV in bio-based Ethylene project
- Entity
- Braskem Siam Company Limited
- Message Category
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Set up the legal Entity of this very interesting bio-ethylene-project between Braskem and SCGC. (Data and Logo only preliminary.) ppPLUS is looking forward to create the complete Mass Balance model, once more information is available.
Braskem, the leading global biopolymer producer, and SCG Chemicals, a leading petrochemical company in Thailand and Southeast Asia, have signed a joint venture (JV) agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize I'm greenTM bio-based Polyethylene, using the EtE EverGreenTM technology. The technology results from the partnership agreement between Lummus Technology LLC and Braskem B.V. to develop and license this technology.