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The Brazilian chemical company Braskem announces today (November 6) that it has become a full member of the European Bio-based Industries Consortium (BIC).
Editorial office / Rotterdam

As a result, Braskem has become part of a broad European network that focuses on bringing biobased products to the market.

According to Dirk Carrez, Executive Director of BIC, Braskem can play an important role in the consortium, which is aimed at developing a new industrial ecosystem, by setting up innovative value chains and mobilizing private and public investments. BIC represents the private sector in the Bio-based Industries Joint Undertaking (BBI JU), a public-private partnership with a value of € 3.7 billion.

Gustavo Sergi, director of Renewable Chemicals at Braskem: ‘As a producer of bioplastics and as a company that is strongly committed to developing and marketing new sustainable products on the market, Braskem looks forward to future discussions and collaborations with other BIC members from the entire value chain.’

One of Braskem’s successful products is I’m Green. This biobased thermoplastic resin is derived from sugar cane. It is the world’s first fully sustainable polyethylene, which has been produced on an industrial scale since 2010 at the Triunfo Petrochemical Complex in Rio Grande do Sul, Brazil. This is the largest industrial ethanol-to-ethylene plant in the world, with an annual production capacity of 200 kilotonnes. The European head office of Braskem is located in Rotterdam.