Braskem and Vitol announce an agreement to supply circular raw materials, derived from plastic waste.

The agreement provides that Vitol will begin supplying pyrolysis oil to Braskem Netherlands BV, produced from the chemical recycling process at the facilities of WPU - Waste Plastic Upcycling A/S, in Denmark.

Chemical recycling is a complementary process to traditional mechanical recycling. It allows the most difficult-to-process plastic waste from mechanical recycling to be recovered and transformed into useful raw material for the chemical industry, providing an alternative to raw materials derived from fossil fuels.

The agreement with Vitol will help Braskem increase its portfolio of circular products around the world and is part of the Wenew ecosystem, a concept that represents and consolidates Braskem's efforts aimed at the circular economy through four pillars: products, education, technology and circular design. The initiative has a significant impact on the company's growth strategy and the achievement of its plastic waste reduction goals. By 2030, Braskem will include 1 million tons of products with recycled content in its portfolio and will recover 1.5 million tons of plastic waste, preventing it from being discarded in the environment.

'The circular economy is an objective linked to Braskem's business strategy. The adoption of initiatives that include the recovery of plastic waste, as well as mechanical and chemical recycling in our production processes is related to the company's objective of enabling a more sustainable future. circular and sustainable. We believe that Vitol's infrastructure and expertise combined with WPU's plastic waste recycling technology will allow Braskem to take an important step in developing sustainable solutions for our customers', says Walmir Soller, vice president of Olefins and Braskem Polyolefins in Europe and Asia.

'We are very pleased to supply Braskem with WPU pyrolysis oil, which complements Braskem's desire to promote the circularity of its products globally. The use of waste-derived raw materials in the value chain is a form of upcycling, which will ensure Braskem meets the sustainable needs of its customers', says Tom Baker, global head of naphtha trading at Vitol.

For Niels Stielund, president of the WPU board, the agreement with Braskem is an important step. 'We are very pleased to be able to support Braskem's efforts to achieve sustainability through the pyrolysis oil we produce in our factories. The fact that a world-renowned player like Braskem starts using our raw material is a milestone for us and a seal of approval for our proprietary technology. It also highlights how plastic waste can be a valuable resource for circularity, rather than ending up in incinerators or landfills. We are honored and happy to embark on this journey with Braskem and Vitol', he adds.

Contact:

Email: braskem@cdn.com.br

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