Siam Cement and Braskem form joint venture for bio-ethylene production in Thailand

Thai Polyethylene Company, a subsidiary of SCG Chemicals (part of Siam Cement), entered into a joint venture agreement with Braskem to produce bio-ethylene from ethanol in Map Ta Phut, Rayong, Thailand. SCGC will hold 49% and Braskem 51% of the joint venture.

“Thai Polyethylene Company Limited... has entered into a joint venture agreement with Braskem S.A. to establish a joint venture company that produces bio-ethylene.”kaohooninternational.com

• 3 sources
• kaohooninternational.comSiam Cement Announces Joint Venture with Braskem in the Green-PE Value Chain - KAOHOON INTERNATIONALTotem SuvineeAug 17, 2023
• ofimagazine.comBraskem and SCG Chemicals form joint venture for bio-ethylene production in ThailandAug 28, 2023
• packagingnews.com.auBraskem in JV with Thai company on bio-based PE - PKN Packaging NewsWill Wain-WilliamsSep 7, 2023

Summarized from public sources; check the original articles before acting on it.