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Braskem to increase ethylene and polyethylene production

 

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Hydrocarbon Engineering,

Braskem S.A. has announced that the Board of Directors approved the investment to increase the ethane base capacity of its petrochemical plant in Rio de Janeiro, Brazil, by 220 000 tpy of ethylene and equivalent volumes of polyethylene.

The estimated total value of investment in the project is approximately R$4.2 billion, which may vary by up to 30% given the current stage of updating the project.

The implementation of the project, estimated to be completed by the end of 2028, is conditional on obtaining financing, in addition to the resources already approved under the REIQ Investimentos benefit for 2025 and 2026.

The Board of Directors also approved the contracting of an additional volume of ethane necessary to supply the project's feedstock, through the conclusion of a long-term supply contract with Petrobras, subject to the conclusion of negotiations on its terms.

The project, inserted in the context of the company’s transformation plan approved by the Board of Directors at the beginning of 2025, seeks to increase Braskem’s competitiveness through the use of gas in its feedstock matrix for polyethylene production.

 

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