Braskem to purchase plastic-waste-derived feedstock from Vitol SA, produced by WPU – Waste Plastic Upcycling A/S in Denmark - Seite 2

About Braskem

With a strategy centered on people and sustainability, Braskem is engaged in contributing to the value chain to strengthen the Circular Economy. Braskem’s almost 9,000 team members dedicate themselves every day to improving people's lives through sustainable solutions in chemicals and plastics. With its corporate DNA rooted in innovation, Braskem offers a comprehensive portfolio of plastic resins and chemical products for diverse industries, such as food packaging, construction, manufacturing, automotive, agribusiness, health, and hygiene, and more. With 40 industrial units in Brazil, the United States, Mexico, and Germany, Braskem exports its products to clients in over 70 countries.

Braskem on social media
www.facebook.com/BraskemGlobal
www.linkedin.com/company/braskem
www.twitter.com/Braskem

About Vitol

Vitol is a leader in the energy sector with a presence across the spectrum: from oil to power, renewables, and carbon. Vitol trades 7.4 million barrels per day of crude oil and products, and charters around 6,000 sea voyages every year.

Vitol’s counterparties include national oil companies, multinationals, leading industrial companies, and utilities. Founded in Rotterdam in 1966, today Vitol operates from some 40 offices worldwide and is invested in energy assets globally including 17 m m3 of storage globally, roughly 500 k b/d of refining capacity, over 7,000 service stations, and a growing portfolio of transitional and renewable energy assets. Revenues in 2022 were $505 billion. For more information, please visit www.vitol.com.

About WPU

WPU – Waste Plastic Upcycling was founded in 2019 and is based in Denmark.

WPU utilizes a proprietary batch technology. It is extremely tolerant and can handle various types of plastic. It has an indiscriminate intake of polluted plastic waste. Almost no sorting of the plastic waste is needed before the pyrolysis process.

Only ISCC-certified end-of-life plastic is processed to ensure the highest degree of sustainability possible. Circularity in the pyrolysis process is ensured by using gas from the production to keep the reactors running.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230823829857/en/

The Braskem Pfd (A) (A) Stock at the time of publication of the news with a fall of -2,86 % to 8,50USD on Frankfurt stock exchange (12. September 2023, 08:11 Uhr).