comparemela.com

Latest Breaking News On - Triunfo petrochemical complex - Page 1 : comparemela.com

Braskem (BAK) Q4 2020 Earnings Call Transcript

Braskem (BAK) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Braskem (NYSE: BAK) Operator Good afternoon, ladies and gentlemen. At this time, we would like to welcome everyone to Braskem s Fourth Quarter of 2020 earnings conference call. Today with us, we have Roberto Simoes, CEO of Braskem; Pedro Freitas, Vice-President of Finance, Procurement and Corporate Affairs; and Edison Terra, Vice President of South America Olefins and Polyolefins and Rosana Avolio, Investor Relations Director. [Operator Instructions] We have simultaneous webcast that may be accessed through Braskem s IR website at http://www.braskem-ri.com.br, and the MZiQ platform, where the slide presentation is available for download. Please feel free to flip through the slides during the conference call. There will be a replay facility for this call on the website. We remind you that questions which will be answered during

Braskem Invests $61 Million to Increase Biopolymer Production

Image courtesy of Braskem Braskem’s industrial unit in the Triunfo Petrochemical Complex (RS), where the company produces thermoplastic resins from sugarcane ethanol. The unit producing green ethylene will see an increase in capacity of 260 kton/year Braskem is expanding its production capacity of green ethylene, the main feedstock derived from sugarcane ethanol, used in the production of renewable resins. These materials can therefore claim to capture CO2, a greenhouse gas. This raw material is produced at the company’s plant in Triunfo, Rio Grande do Sul, whose capacity will be increased from the current 200 kton/year to 260 kton/year. The expansion project, budgeted at $61 million, will be rolled out in 2021, and should be concluded in the fourth quarter of 2022.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.