Braskem

History

Year	Detail
2002	Following the integration of Copene, OPP, Trikem, Proppet, Nitrocarbono, and Polialden, Braskem became one of Latin America's leading petrochemical companies.
2004	Braskem consolidated its regional leadership within the thermoplastic resin, polyethylene (PEPE), polypropylene (PP), and PVC market.
2005	Braskem and Petrobras collaborated to develop a new polypropylene plant in Paulínia.
2006	Braskem acquired Politeno, the third-largest producer of polyethylene, by commencing its petrochemical consolidation phase in Brazil.
2010	Braskem acquired Sunoco Chemical's polypropylene assets and commenced its internationalization process in the U.S., becoming one of the largest producers of resins in that country.
2011	With the acquisition of polypropylene assets from Dow Chemical, Braskem incorporated two U.S. and German plants and announced an investment plan of $179.7 million in the Triunfo Petrochemical Pole to double the butadiene production.
2015	The company launched Braskem Labs, a program that stimulates entrepreneurs to develop new and unique socio-environmental solutions that will improve people's lives through the use of plastics.
2016	Braskem Ultra-High Molecular Weight Polyethylene (UHMWPE) Plant entered the commissioning phase at La Porte, U.S.
2020	Braskem inaugurated the new polypropylene (PPPP) plant in the U.S. while strengthening its leadership position in producing PPPP within the region.
2021	Braskem invested approximately $50 million in constructing a new electrical infrastructure project and a turnaround to improve and maintain the plant.
2024	Braskem and Shell Chemicals Europe B.V.BV signed an agreement to collaboratively develop circular polypropylene from mixed plastic waste. Under this agreement, Shell Chemicals will upgrade a variety of pyrolysis oils into virgin-quality circular feedstocks, and Braskem will then convert this feedstock into circular polypropylene.