The largest petrochemical company in the Americas, Braskem said it has set a new production record in the third quarter of 2016 at its operations in Brazil. Ethylene output was at a record 903 kilo tons, while production of basic petrochemicals reached 1.6 million tons, up 4 per cent and 3 per cent, respectively, over the same period of 2015.
During the reporting period, Braskem's petrochemical crackers recorded an average capacity utilisation rate of 96 per cent, an increase of 4 percentage points from the same period last year.The largest petrochemical company in the Americas, Braskem said it has set a new production record in the third quarter of 2016 at its operations in Brazil. Ethylene output was at a record 903 kilo tons, while production of basic petrochemicals reached 1.6 million tons, up 4 per cent and 3 per cent, respectively, over the same period of 2015.#
Braskem's polypropylene plants in the United States and Europe also operated at an average capacity utilisation rate of 101 per cent, with output amounting to 512 kilo tons, growing 4 per cent over the year ago period. (AR)
Fibre2Fashion News Desk – India
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