# Braskem invests $60M to expand I'm green biopolymer capacity by 30%

Braskem is investing approximately $60 million to expand its I'm green biopolymer production capacity from 200,000 to 260,000 tons per year. The company is also studying a potential new biopolymer factory in Thailand with SCG Chemicals.

- Type: Expansion
- Announced: 2022-10-21
- Where: Brazil
- Value: $60.0M
- Status: announced
- Capacity: 260000 tons per year
- Products: I'm green biopolymers
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Braskem](https://endata.com/companies/1071.md)
- [SCG Chemicals](https://endata.com/companies/7171.md) (partner)

## Sources

- [braskem.com](https://www.braskem.com/usa/news-detail/braskem-invests-in-capacity-expansion-and-partnerships-for-the-production-of-biobased-plastics), 2022-10-21: "Braskem is investing a total of around $60 million in expanding its I'm green TM biopolymer production capacities by 30%."
- [braskem.com](https://www.braskem.com/news-detail/braskem-invests-in-expanding-capacity-and-partnerships-for-producing-plastics-from-renewable-sources), 2022-10-24: "Braskem is investing a total of nearly USD 60 million to expand its I'm greenT biopolymer production capacity by 30%."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.