- Braskem (NYSE:BAK) announces the launch of commercial production at its new $750M polypropylene production line located in La Porte, Tex.
- Braskem's new line has an annual production capacity of more than 450 kt, or 1B lbs, and can produce the entire polypropylene portfolio including a broad range of products including homopolymer, impact copolymer and random copolymers.
- The facility is first new polypropylene plant in North America since 2008, and Braskem is poised to launch its new Global Export Hub in Charleston, S.C.
- Braskem says the Charleston hub will have the capacity to support export shipments of up to 450M lbs/year of polypropylene and specialty polymers.