Braskem

Circular Announces $10.5M in Funding to Scale First-of-its-Kind Platform for Sourcing Recycled Materials

Retrieved on: 
Monday, March 25, 2024
Manufacturing, Environment, Recycling, Sustainability, Chemicals, Plastics, Eclipse, E-commerce, PCR, Database, Ellen, Customer experience, Danone, United, ESG, United Nations, Metal, Artificial intelligence, Food, Taskrabbit, Carbon, Plastic, John Macarthur (wool pioneer), Braskem, Paper, MacArthur Foundation

Circular.co , the leading sustainable sourcing platform, secured $10.5M to expand its massive database of post-consumer recycled (PCR) materials and its accompanying platform that streamlines buying and selling of PCR materials.

Key Points: 
  • Circular.co , the leading sustainable sourcing platform, secured $10.5M to expand its massive database of post-consumer recycled (PCR) materials and its accompanying platform that streamlines buying and selling of PCR materials.
  • Circular will use the funding to grow its team, expand to additional sustainable materials, continue to add more companies and suppliers, and deepen the scale and functionality of its platform.
  • Circular handles the searching, sourcing, vetting, and onboarding process for its customers, with results in days compared to months or even years, using analog methods.
  • “Buyers transitioning to recycled materials face the typical challenges of an emerging, analog market rife with inefficiency and a lack of transparency.

The Law Offices of Frank R. Cruz Announces Investigation of Braskem S.A. (BAK) on Behalf of Investors

Retrieved on: 
Wednesday, December 20, 2023
Class Action Lawsuit, Professional Services, Legal, Suite, Law, Braskem, News, Municipality

The Law Offices of Frank R. Cruz announces an investigation of Braskem S.A. (“Braskem” or the “Company”) (NYSE: BAK ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of Braskem S.A. (“Braskem” or the “Company”) (NYSE: BAK ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
  • On November 30, 2023, Braskem disclosed that it was required to pay $203 million to repair damages at a rock-salt mine that it owns in Maceió.
  • On this news, Braskem’s stock price fell $0.58, or 6.9%, to close at $7.78 per share on November 30, 2023, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Global Polyolefin Market Size, Share & Trends Analysis Report 2023-2033: Industry Growth Fueled by Weight Reduction in Automotive Applications - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 29, 2023
Chemicals, Plastics, Automotive Manufacturing, Manufacturing, Injection moulding, Acquisition, Blow molding, Engineering, Polyethylene, Chlorine, Electronics, PetroChina, FDA, CNC, Segment, USD, ExxonMobil, Table tennis rubber, Film, China Petrochemical Corporation, Chevron Corporation, Growth, Borealis AG, TotalEnergies, Health, Environment, Borealis, Polycarbonate, Repsol, Braskem

The global polyolefin market is anticipated to reach USD 357.3 billion by 2030.

Key Points: 
  • The global polyolefin market is anticipated to reach USD 357.3 billion by 2030.
  • The market is poised for growth due to increasing adaptation across the end-use industries.
  • The polyethylene (PE) led the market for market across the product segmentation and accounted for a revenue share of over 38.0% in 2022.
  • The film & sheet led the market for market across the application segmentation and accounted for a revenue share of over 25.0% in 2022.

Braskem Announces REMADE Institute Grant Award for Advanced Manufacturing of Sustainable and Recyclable Multilayer Plastic Films

Retrieved on: 
Monday, November 20, 2023
Recycling, Chemicals, Plastics, Environment, Manufacturing, Sustainability, Green Technology, Other Manufacturing, Carbon, RD, Research, NYSE, PVOH, Multimedia, REMADE, Dow Chemical Company, University of Massachusetts Lowell, University, Partnership, RD&D, Biopolymer, DOE, BAK, TPMS, University of Massachusetts, Renewable energy, Braskem

The winning RD&D project is focused on new advanced manufacturing technology to produce sustainable and recyclable multilayer plastic films with outstanding properties for challenging applications.

Key Points: 
  • The winning RD&D project is focused on new advanced manufacturing technology to produce sustainable and recyclable multilayer plastic films with outstanding properties for challenging applications.
  • REMADE is the first institute in the U.S. dedicated to accelerating the nation’s transition to a Circular Economy.
  • The two-year project's deliverables include processing protocols for recyclable films and separation methods via aqueous dissolution.
  • We are excited to work with Braskem and other industry partners to deliver these high-barrier multilayer films with inherent recycling advantages.

Braskem Announces REMADE Institute Grant Award to Develop New Recycling Process Technology to Extract Pure Polypropylene from PCR

Retrieved on: 
Monday, November 20, 2023
Packaging, Recycling, Chemicals, Plastics, Environment, Sustainability, Manufacturing, Environmental Health, Carbon, RD, Research, NYSE, Ink, Adhesive, PCR, Michigan Technological University, REMADE, STRAP, University of Wisconsin–Madison, University, PP, Partnership, RD&D, Biopolymer, DOE, Government, BAK, TPMS, Renewable energy, Braskem

The winning RD&D project is focused on innovating a new recycling process technology to extract pure polypropylene (PP) from PCR multilayer packaging waste that is currently hard to recycle.

Key Points: 
  • The winning RD&D project is focused on innovating a new recycling process technology to extract pure polypropylene (PP) from PCR multilayer packaging waste that is currently hard to recycle.
  • The project is a partnership between Braskem America, Michigan Technological University, and the University of Wisconsin–Madison, all of which are providing additional foundational project funding.
  • REMADE is the first institute in the U.S. dedicated to accelerating the nation’s transition to a Circular Economy.
  • It is intended that this solvent-based technology will be able to remove additives, ink, pigments, and adhesives, and ultimately produce a cleaner polypropylene.

Braskem and Oxiteno sign a partnership to supply bio-attributed ethylene

Retrieved on: 
Monday, November 6, 2023
Environment, Research, Chemicals, Plastics, Utilities, Manufacturing, Alternative Energy, Sustainability, Energy, Science, Carbon, ISCC, IOD, Partnership, Indorama Ventures, Oxiteno, Centre for International Sustainable Development Law, Certification, Climate change, Renewable energy, Braskem

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.

Key Points: 
  • 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.
  • “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.

Bioplastics Market is to grow by USD 114.24 billion from 2022 to 2027- Technavio

Retrieved on: 
Tuesday, October 24, 2023
DuPont, Car, Horticulture, HA, Braskem, Biopolymer, Carbon, Exxon Mobil Corp. v. Saudi Basic Industries Corp., Evonik Industries, Geography, BASF, CG, Growth, BASF SE, Solvay S.A., SE, USD, Plastic, Agriculture, Corbion, Thermoplastic, Speciality chemicals

NEW YORK, Oct. 23, 2023 /PRNewswire/ -- The bioplastics market is expected to grow by USD 114.24 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Oct. 23, 2023 /PRNewswire/ -- The bioplastics market is expected to grow by USD 114.24 billion from 2022 to 2027.
  • In addition, the growth momentum of the market will progress at a CAGR of 27.53% during the forecast period, according to Technavio.
  • However, factors such as the Cost-effectiveness of conventional plastic over bioplastics may impede market growth.
  • View FREE PDF Sample Report
    The biopolymers and bioplastic market is estimated to grow at a CAGR of 14.36% between 2022 and 2027.

Braskem Announces Partnership With Northwestern University for the Development of CO2 Conversion Technology

Retrieved on: 
Monday, October 23, 2023
Environment, Research, Chemicals, Plastics, Utilities, Manufacturing, Alternative Energy, Sustainability, Energy, Science, Laboratory, Water, Carbon, Doctor of Philosophy, Electricity, Braskem, University, Partnership, Central Department of Chemistry, Tribhuvan University, Oxygen, CO2, Computer, Greenhouse, Climate change, Renewable energy, Northwestern University

Braskem and Northwestern University (USA) have announced a partnership to develop a technology platform for converting the CO2 generated by industrial operations.

Key Points: 
  • Braskem and Northwestern University (USA) have announced a partnership to develop a technology platform for converting the CO2 generated by industrial operations.
  • In typical electrochemical devices, apart from CO2 conversion, water is converted into oxygen, which has no high commercial value.
  • The project is led by Professor Ted Sargent and Dr. Ke Xie at Northwestern University, global experts in the field of electrocatalysis for CO2 conversion.
  • Through this partnership with Northwestern University, using the cutting-edge infrastructure of its laboratories and Prof. Sargent’s and Prof. Xie’s expertise, we will undoubtedly deploy an innovative technology – CO2 conversion through co-electrolysis.

Braskem Takes Polypropylene to the Next Level of Performance in Partnership with WEAV3D® utilizing its Rebar for Plastics® Lattice Technology

Retrieved on: 
Thursday, September 28, 2023
Recycling, Chemicals, Plastics, Automotive Manufacturing, Environment, Sustainability, Manufacturing, Other Manufacturing, Carbon, SPE, Plastic, Climate, BM, Business development, Original equipment manufacturer, BAK, Society of Plastics Engineers, Multimedia, Steel, Carbon footprint, Keynote, PP, Role, Conference, NYSE, Biopolymer, Wood-plastic composite, Renewable energy, Braskem

View the full release here: https://www.businesswire.com/news/home/20230928754765/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230928754765/en/
    The WEAV3D lattice technology enables lightweight PP parts to replace materials like steel, increasing PP’s use in automotive applications by balancing improvements in performance, weight, and cost.
  • The combination of Braskem PP sheets with WEAV3D’s Rebar for Plastics will allow Braskem to compete in new structural material end-markets.
  • “We’re excited to offer our clients new innovations and partnerships around high-performance polypropylene materials utilizing the WEAV3D lattice technology.
  • As the automotive industry continues to roll out new electric vehicle designs, it requires automakers to re-think the vehicle design with cutting-edge performance materials.

Biopolymers Market size to increase by USD 14.93 billion between 2022 to 2027| The increasing demand for PHA-based biodegradable plastics drives market growth - Technavio

Retrieved on: 
Monday, September 18, 2023
Plastic, Foodservice, Partnership, Biopolymer, Renewable polyethylene, Starch, Lactic acid, DuPont, Polymerization, Merck Group, USD, Polyethylene terephthalate, NatureWorks, PHA, Blood, United States v. Archer Daniels Midland Co., Water, Evonik Industries, Braskem, BASF SE, Horticulture, PLA, SE, Consumer, BASF, LG Chem, Mitsubishi Chemical Corporation, Geography, Speciality chemicals, Automotive industry, Agriculture

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Biopolymers Market size is expected to grow by USD 14.93 billion, accelerating at a CAGR of 10.11% between 2022 to 2027.

Key Points: 
  • NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Biopolymers Market size is expected to grow by USD 14.93 billion, accelerating at a CAGR of 10.11% between 2022 to 2027.
  • The increasing demand for PHA-based biodegradable plastics drives the biopolymers market.
  • However, factor such as the cost-effectiveness of conventional plastics over biopolymers may impede market growth.
  • Biopolymers and Bioplastic Market: The biopolymers and bioplastic market is estimated to grow at a CAGR of 14.36% between 2022 and 2027.