Committed to supporting the circular economy and fighting climate change, Brazilian petrochemical companies Braskem and Indorama Ventures IOD – Oxiteno announce a partnership to supply bio-attributed ethylene from renewable sources.
Bio-attributed ethylene, certified by ISCC (International Sustainability and Carbon Certification), will be used by Oxiteno to create new sustainable solutions.
This raw material is the first bio-attributed chemical product produced by Braskem from the certified mass balance approach. The concept co-processes traditional carbon sources with recycled or renewable components to develop chemical solutions with a sustainability attribute, maintaining properties and quality compared to conventional solutions. Furthermore, it contributes to reducing the use of fossil raw materials and greenhouse gas emissions.
“Braskem and Oxiteno have aligned sustainability initiatives and this partnership is of great importance for the growth strategy of both, being one more step for the industry towards a sustainable future. The initiative should define new paths for sustainability in our petrochemical sector”, Marlisa Reche explains, Chemicals – Olefins and Aromatics Business Director at Braskem.
“There is a significant connection between our innovation strategy and our sustainability objectives. This initiative aligns with our main guidelines of decarbonization and promoting eco-efficiency in our operations. This partnership further underscores our company’s mission to ‘Reimagine Chemistry Together to Create a Better World,’ enabling us to develop innovative and sustainable products while ensuring our organization is prepared for the future”, explains Andrea Campos Soares, Sr VP Business, Marketing & Innovation at Oxiteno.