27 Jul 2023 --- Braskem has increased the production capacity of its bio-based ethylene plant, located in the petrochemical complex of Triunfo in Brazil, by 30%. The petrochemical company’s US$87 million investment aims to meet growing global demand for environmentally sustainable products. The plant now operates at an increased capacity, from 200,000 to 260,000 metric tons yearly. Braskem’s bio-based ethylene is made from sustainably sourced, sugarcane-based ethanol, which removes CO2 from the atmosphere and stores it in products for daily use. The company says the move brings progress to its ambition of increasing the production of biopolymers to one million metric tons by 2030 and becoming carbon neutral by 2050.