Braskem and Shell Chemicals Europe have entered into a strategic agreement to produce circular polypropylene from mixed plastic waste, advancing sustainability within the plastics industry.

Information on the Target

Braskem is a leading producer of bioplastics and chemicals focused on sustainable solutions in the plastics industry. With a commitment to enhancing resource efficiency and reducing reliance on virgin fossil feedstock, Braskem integrates principles of the waste hierarchy into its operations and product offerings. Their Wenew ecosystem showcases their innovative products and technologies aimed at promoting a low-carbon circular economy, enabling the effective utilization of materials while minimizing plastic waste.

A cornerstone of Braskem's strategy is the 'I'm greenTM' biobased polyethylene, derived from sustainably sourced bioethanol in Brazil. This initiative not only provides a renewable alternative to traditional fossil-based plastics but also exemplifies responsible resource management within the industry.

Industry Overview in the Target’s Specific Country

Brazil's plastic industry is undergoing significant transformation in response to increasing environmental concerns and regulatory pressures. The demand for sustainable materials is driving innovat