The Board of Directors of Braskem, one of the largest producer of thermoplastic resins in the US including the production of other basic chemical and petrochemical products, has announced the approval of a $675 million investment for the construction of a new polypropylene (PP) production facility in the city of La Porte, in the state of Texas.
The investment in the new industrial plant reinforces Braskem’s leading position in the production of this thermoplastic resin in the US, where the company already owns five other PP industrial units, as well as a high-value polyethylene production line (UTEC). The construction of the new La Porte plant is expected to begin this year and to be completed by the first quarter of 2020.The Board of Directors of Braskem, one of the largest producer of thermoplastic resins in the US including the production of other basic chemical and petrochemical products, has announced the approval of a $675 million investment for the construction of a new polypropylene (PP) production facility in the city of La Porte, in the state of Texas.#
The new Braskem plant will have a production capacity of 450,000 metric tons of polypropylene per year. Its commissioning will be added to the production of the existing Braskem unit located in La Porte, which has a capacity of 354 thousand metric tons per year. The construction will occupy part of the 800,000 square metres area of the Company’s complex in the region, located 40 kilometres from Houston, and will be able to take advantage of the existing support infrastructure, benefiting from the connection for the receipt of raw materials and utilities, the rail network, central control room and testing facilities, emergency response equipment, waste treatment facilities, and other synergies.
The new PP plant project is being developed in accordance with Braskem’s commitment to sustainability, subject to eco-indicators such as emissions, water and energy efficiency, as well as recycling and reducing the volume of waste. Polypropylene is one of the most used thermoplastic resins in the plastics world, being employed in the manufacture of auto parts, packaging, nonwovens, toys, and many other applications.
Fernando Musa, president of Braskem said, “The authorisation to continue investment in the production of polypropylene in the US is the latest milestone in Braskem’s internationalisation strategy. The new world-class petrochemical plant will add substantial production capacity in the region and will help us meet the growing demand of our customers, reaffirming our position as the largest polypropylene producer in the US and the third largest resin producer in the world.” (GK)
Fibre2Fashion News Desk – India
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