# Braskem invests $100mn in PE and PVC expansion in Brazil

Brazilian petrochemical firm Braskem will invest R614mn ($100mn) to expand domestic production capacity by around 139,000 t in Bahia, Rio Grande do Sul, and Alagoas. The seven projects cover polyethylene, polyvinyl chloride and other chemical products, and are expected to create over 2,200 jobs.

- Type: Expansion
- Announced: 2024-03-25
- Where: Bahia, Rio Grande do Sul, Alagoas, Brazil
- Value: $100.0M
- Jobs: 2,200
- Status: announced
- Capacity: 139,000 t/yr (total expansion)
- Products: polyethylene, polyvinyl chloride, other chemical products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Braskem](https://endata.com/companies/1071.md)

## Sources

- [argusmedia.com](https://www.argusmedia.com/en/news-and-insights/latest-market-news/2648736-braskem-to-invest-100mn-in-pe-pvc-expansion), 2024-03-25: "Brazilian petrochemical firm Braskem will invest R614mn ($100mn) to expand its current domestic production capacity by around 139,000t in the states of Bahia, Rio Grande do Sul, and Alagoas."

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