Braskem signs MOU with SCG Chemicals to potentially invest in Thai bioplastics production

In Thailand, Braskem has signed a memorandum of understanding (MOU) with the SCG Chemicals, one of the largest integrated petrochemical companies in Thailand and an industry leader in Asia, to perform studies to jointly invest in a new bio-ethanol dehydration plant in Thailand to produce bio-ethylene and bio-based polyethylene.

If the feasibility studies are approved with mutual agreement between parties, the production facility would be located in Map Ta Phut, Rayong, Thailand. This Project would allow the combination of Braskem’s technology and bio-plastics know-how with SCG Chemicals’ knowledge of the Asian market and expertise in PE production.