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North America´s top polypropylene producer Braskem expects repeat of 2021 spreads
Braskem, majority owned by Novonor (formerly known as Odebrecht) and based in ... assets in the northeast of the U.S. and in the Gulf Coast. Braskem is North America´s biggest polypropylene producer. Polypropylene is ... 2021,” said Rosana Avolio, investor relations manager, in Braskem´s first quarter 2022 earnings call on May 12. U.S. running ...
Article - Renzo - Tue, 2022-05-24 05:01
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Two Mexican plastic conglomerates tap windfall earnings to diversify from Mexico
... customers. Mexican market Mexico´s Braskem Idesa is the country´s top polyethylene manufacturer. The ...
Article - Renzo - Mon, 2022-05-09 00:12
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Canada´s Inter Pipeline considers carbon capture and storage for new PDH, polypropylene plant
... first polypropylene production capacity startup since 2020. Braskem started up in Sep. 2020 a plant in La Porte, Texas with one billion pounds per year (about half a million tonnes) capacity. Braskem officials noted in a meeting with Brazilian investors in 2019 that ...
Article - Renzo - Mon, 2022-03-21 05:43
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Braskem set to start construction of $420-million ethane import terminal in Mexico´s biggest private investment project
Braskem Idesa´s cracker hasn´t run at capacity since construction ended in ... the past decade to levels well below those anticipated when Braskem, and minority partner Idesa from Mexico, won in 2009 an auction for ... The resulting Mexican non-performance of deliveries forced Braskem to invest in ethane import infrastructure. Braskem had announced ...
Article - Renzo - Mon, 2022-03-21 05:33
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Mexico´s Pemex faces spike in worker accidents, rising emissions, and declining chemical production
... import needs for the country´s polyethylene producer Braskem Idesa. In 2021 the production of aromatics and derivatives was ...
Article - Renzo - Tue, 2022-03-08 08:07
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Air Liquide, BASF and Shell join carbon capture initiative in Houston; Braskem makes first propylene import into East Coast in a decade; Omicron slows jet fuel recovery in first quarter 2022
... announced the CCS initiative last year. Braskem makes first propylene import into East Coast in a decade Braskem Americas, the Philadelphia-based unit of the Sao Paulo-based company ...
Article - Renzo - Mon, 2022-01-24 16:47
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Methanol market to grow to $36 billion by 2026; Colombia´s Ecopetrol to invest in decarbonization; Pet food producer Mars to use more recycled plastic; Monsanto successors to clean site; Novonor mulls a sale of Braskem; Peru bans expandible polystyrene
... for work on these sites. Novonor mulls a sale of Braskem Braskem said on Dec. 1 in a notice to investors in Sao Paulo that its ...
Article - Renzo - Sun, 2021-12-19 03:02
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Brazilian group sees 2021 windfall from U.S. plastic resin sales
... of the company’s consolidated recurring operating result, Braskem said on Nov. 9 in a third quarter earnings release. The on-year ... to the North American polypropylene spreads, it added. Braskem owns in total 40 industrial units, 29 of those in Brazil. In the U.S. ...
Article - Renzo - Tue, 2021-11-23 08:41
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China Petroleum signs 20-year contract to get LNG shipped from Louisiana; Braskem taps U.S. lawyers over former Pemex CEO’s testimony; Braskem-Idesa to expand ethane import capacity; Argentina’s Pampa Energia sales see 49% on-year increase
... demand for LNG and some supply issues worldwide. Braskem taps U.S. lawyers over former Pemex CEO’s testimony Braskem said on Nov. 9 in page 22 of its third quarter 2021 earnings release ...
Article - Renzo - Tue, 2021-11-23 08:29
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Tight resin inventories, supply disruptions in 2021 lead to record margins but also to calls for more transparency
... polypropylene producer in North America is Brazil-based Braskem with a total of five plants in the Northeast and the U.S. Gulf Coast. Braskem is majority owned by Brazilian construction company Novonor, until late ...
Article - Renzo - Tue, 2021-10-26 10:22