Brazilian petrochemical company Braskem has announced that its bio-based plastic called I’m green polyethylene has been recognised by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and the Global Compact Network Brazil (UNGC) as one of the most transformational cases in sustainable development in Brazil, specifically in the industry and energy category.
Braskem has an annual capacity of 200kt of bio-based polyethylene, which makes it the world’s leading producer of biopolymers, it said. The recognition was made official on 26 May during Braskem’s participation in the “Big Push for Sustainability”, an event organised by ECLAC in partnership with UNGC Brazil.
At the event, the UN organisations zoomed in on a set of initiatives that leverage national and foreign investments in Brazil to create a “Big Push” in sustainable development in different sectors. These initiatives contribute to economic growth, job creation and income generation, reduction in inequality and structural gaps, and they promote environmental sustainability.
According to Braskem(@BraskemBio), its I’m green bio-based polyethylene was recognised for is its contribution to reducing greenhouse gas emissions by capturing more than 3 tons of CO2 for each ton produced, while retaining the same properties, performance and versatility delivered by fossil-based plastics. The bioplastic can also be used in existing production and recycling chains.
Braskem’s investments in the area of recycling were also highlighted at the event. The company recently expanded its I’m green portfolio, which now encompasses its entire line of products for the circular economy, such as renewable resins and solutions made from recycled plastics and applications that adopt both recycled and renewable solutions.
In the field of chemical recycling, one of the biggest challenges of the plastics industry, Braskem also continues to conduct studies with support from universities and research centres to develop technologies that expand existing alternatives for mechanical recycling in order to transform waste plastics, such as supermarket bags and packaging films, into raw materials once again.
“It is essential that everyone, in both the public and private sectors as well as society in general, rethink how they act, produce and consume. Sustainability is embedded in the DNA of Braskem since its foundation and we will continue to focus on our journey towards a low carbon, circular economy for plastics and chemicals”, said Marco Jansen Circular Economy & Sustainability Leader for Braskem Europe & Asia.