In Thailand, Braskem Siam, the joint venture between Braskem and SCG Chemicals, has signed a Letter of Intent to purchase ethanol from Thailand’s Mitr Phol Bio Fuel for its upcoming bio-ethylene plant. Mitr Phol Bio Fuel, a subsidiary of Mitr Phol Group – the world’s top-ranked sustainability leader in food products industry and ASEAN’s leading ethanol producer – is renowned for its strong commitment to sustainability, encompassing the entire process from feedstock sourcing to production. This agreement secures Braskem Siam’s feedstock supply and reinforces its commitment to contribute to the development of the local ethanol value chain.
The new bio-ethylene plant in Thailand – the first of its kind outside of Brazil – will almost double the existing production of Braskem’s I’m greenT bio-based polyethylene globally. The strategic location in Thailand seeks to leverage the kingdom’s ethanol production and proximity to growing demand for sustainable products around Asia.
Tags: Braskem Siam, ethanol, Thailand
Category: Fuels
