Braskem, the leading global biopolymer producer, and SCG Chemicals, a leading petrochemical company in Thailand and Southeast Asia, have signed a joint venture (JV) agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize I’m greenTM bio-based Polyethylene, using the EtE EverGreenTM technology. The technology results from the partnership agreement between Lummus Technology LLC and Braskem B.V. to develop and license this technology.
