Braskem signs partnership with Haldor Topsoe to develop biobased MEG

SAO PAULO, Nov. 10, 2017 /PRNewswire/ -- Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the Americas' leading producer of thermoplastic resins, and Danish-based Haldor Topsoe, a world leader in catalysts and surface science, have signed a technological cooperation agreement to develop a pioneering route to produce monoethylene glycol (MEG) from sugar. The agreement calls for the construction of a demonstration plant in Denmark, with operation slated to begin in 2019.

MEG is a key component of PET resin, the main man-made raw material used by the textile and packaging industries that is also widely used to make bottles. The project is based on a two-step process developed at Topsoe's labs along with own catalysts, and focuses on the conversion of sugar into MEG at a single industrial unit, which will reduce initial investment in the production and boost the competitiveness of the process.

"This novel bio-based initiative allies a cutting-edge technology with deep expertise in process design, scale-up and industrial operation, which will allow us to push the renewable chemistry to a whole new level. After the Green Polyethylene, this is another major step forward in our vision of using renewable polymers as a carbon capture tool and keep contributing to a more sustainable future." said Mateus Lopes, head of Innovation in Renewable Chemicals at Braskem.

With the agreement, Braskem wants to expand its portfolio of renewable products to offer new solutions that complement its bio-based polyethylene marketed with the I'm green^TM seal. "With this new partnership, we strengthen our position as protagonists in the development of innovative solutions that will leverage the competitiveness of different biomasses and complement the traditional solutions offered by the petrochemical industry," said Gustavo Sergi, director of Renewable Chemicals at Braskem.

"Catalysis will play an extremely important role in the development of sustainable solutions that produce important chemicals from renewable sources such as sugars. We are proud to deliver the ground-breaking technology for the project with Braskem, and we look forward to applying our world-leading competencies within catalysis and process engineering in the further commercialization of this important technology," said Kim Knudsen, Executive Vice President at Haldor Topsoe.

The demonstration plant will conduct tests to validate the technology and confirm its technical and economic feasibility, which is a critical step before launching production on an industrial scale and commercial operations. The unit will be flexible to validate the technology in different raw materials such as sucrose, dextrose and second-generation sugars.

ABOUT BRASKEM
Braskem is one of the world's leading plastics and chemical companies with 41 industrial plants in Brazil, the United States, Germany and Mexico. Braskem is the largest producer of thermoplastic resins in the Americas and the leading producer of biopolymers in the world, creating more environmental-friendly, intelligent and sustainable solutions through chemicals and plastics. Known for innovative solutions such as I'm green^TM Polyethylene made from renewable sugarcane and UTEC®, the company's own trademarked Ultra High Molecular Weight Polyethylene for high performance applications, Braskem's products and technologies enable the automotive, packaging, healthcare, and construction industries to produce goods that enhance quality of life for people around the world.

Braskem America is an indirect wholly owned subsidiary of Braskem S.A. headquartered in Philadelphia. The company is the leading producer of polypropylene in the United States, with six production plants located in Texas, Pennsylvania and West Virginia, and an Innovation and Technology Center in Pittsburgh. For more information, visit www.braskem.com.

ABOUT I'M GREEN™
I'm green^TM polyethylene is a bio-based thermoplastic resin derived from sugarcane. Its greatest advantage is helping to reduce greenhouse gases in the air by capturing CO₂ during its production cycle.

ABOUT HALDOR TOPSOE
Haldor Topsoe is a world leader in catalysis and surface science, committed to helping our customers achieve optimal performance. We enable our customers to get the most out of their processes and products, using the least possible energy and resources, in the most responsible way. We are headquartered in Denmark and have project development, R&D, engineering, production plants, and sales & service across the globe. In 2016, our revenue was approximately 860 million U.S. dollars, and we employ some 2,600 employees. www.topsoe.com

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SOURCE Braskem