Shell Chemicals and Braskem Bring Certified Bio-Attributed and Bio-Circular Propylene and Polypropylene to the U.S. Market
Polypropylene manufactured from bio-attributed and bio-circular propylene will support growing consumer demand for more sustainable plastics
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Braskem will utilize bio-attributed and bio-circular propylene feedstocks for the manufacture of bio-attributed and bio-circular polypropylene enabling more sustainable options for growing consumer demand in the packaging, film, automotive, and consumer goods markets. (Photo: Business Wire)
Braskem will utilize such feedstocks for the manufacture of bio-attributed and bio-circular polypropylene enabling more sustainable options for growing consumer demand in the packaging, film, automotive, and consumer goods markets.
Shell is replacing hydrocarbon feedstock with a bio-attributed and bio-circular feedstock in its propylene product, which has the potential to reduce greenhouse gases and contribute to a circular economy.
“Shell is proud to be working with Braskem to supply the bio-attributed and bio-circular feedstocks that go into the everyday products that support modern life. This deal further illustrates how
The recent collaboration between Shell and Braskem in
Shell has also set a target to reduce absolute emissions by 50% by 2030, compared to 2016 levels on a net basis. This covers all emissions in Scope 1, which come directly from its operations, and in Scope 2, from the energy Shell buys to run its operations, under its operational control.
Mass balance is an independent accounting process and widely used across the industry which enables Shell to attribute bio-circular and bio-attributed content to specific end products when produced with a mix of traditional and novel feedstocks. The process is independently verified by a third-party certification body. |
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ABOUT BRASKEM
With a strategy centered on people and sustainability, Braskem is engaged in contributing to the value chain to strengthen the Circular Economy. Braskem’s 8,000 team members dedicate themselves every day to improving people's lives through sustainable solutions in chemicals and plastics. With its corporate DNA rooted in innovation, Braskem offers a comprehensive portfolio of plastic resins and chemical products for diverse industries, such as food packaging, construction, manufacturing, automotive, agribusiness, health, and hygiene, and more. With 40 industrial units in
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FORWARD-LOOKING STATEMENT
This press release contains projections and other forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) regarding future events. These statements reflect Braskem’s current beliefs and expectations with respect to Braskem’s business, the economy and other future conditions and are based on assumptions, are subject to risk and uncertainties and are subject to change at any time. Actual events or results may differ materially from those contained in such forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the ability of feedstock suppliers to supply feedstock; (ii) the contraction or lack of growth in the market segments in which Braskem competes and in which its products are sold (iii) unexpected delays or other problems in production at Shell or Braskem facilities , (iv) increased competition from imports in the case of Shell or Braskem or in the export markets in the case of Braskem, (v) inability to anticipate future market trends and the future needs of Shell, Braskem or Braskem’s customers, (vi) the impact of natural disasters on Shell’s or Braskem’s facilities and their respective suppliers and (vii) other factors detailed in documents Shell and/or
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For press information:
Communications Director
1 (215) 841 3194
stacy.torpey@braskem.com
Source: Braskem