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January 08, 2020 11:58 AM

Braskem marks milestone production in Mexico

Stephen Downer
Correspondent
Plastics News Staff
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    Braskem Idesa
    The Braskem Idesa plant in Mexico has produced more than 3 million metric tons of polyethylene since it began production.

    Mexico City — Braskem Idesa S.A.P.I. produced 3 million metric tons of polyethylene in the first three and a half years of operating its petrochemical complex in Veracruz state, the Brazilian-Mexican joint venture company said Jan. 7.

    The company added that by substituting imports and generating exports the complex in the municipality of Nanchital had impacted the Mexican economy in the amount of US$3.4 billion since its start-up in 2016 and through 2019.

    Among its achievements, Braskem Idesa said in November it launched the first high density PE in Mexico containing recycled plastics. Called "I'm Green Recycled," the product has "contributed decisively to placing polyethylene within a circular and more sustainable economy," Braskem Idesa said.

    Another success story, the company added, was an educational program aimed at boosting plastics recycling in Nanchital and other parts of Mexico.

    Founded in 2010, Braskem Idesa has created 800 full-time positions since 2016, and proven that "Mexico can compete successfully in the petrochemical sector on the international stage," according to Roberto Velasco, the company's industrial director.

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