Braskem expanded its presence to Southeast Asia in 2011 in Singapore and started its polymer sales operation there in 2018 to cover demand in the Indo-pacific region. Since then, the organization has expanded to include a logistics hub and, in 2023, a Representative Office in Tokyo, Japan-following over 15 years of providing sustainable solutions to the Japanese market. In the same year, Braskem and SCG Chemicals formed the joint venture BraskemSiam, aiming to produce bio-ethylene from bio-ethanol dehydration in a specialized plant in Thailand and to commercialize I'm green^TM bio-based polyethylene (PE). The project is currently in the final stages in the lead-up to the final investment decision (FID).

The partnership concerncing logistics processes further solidifies Braskem's presence in Southeast Asia targeting I'm green^TM bio-based PE and EVA, shortening transport routes to customers in the region. In its operations, Katoen Natie pursues the goals of optimizing logistics performance, lead times, and inventory levels to improve supply chain performance.

"Expanding our footprint in Asia will reinforce existing partnerships and enable us to cultivate deeper connections within the regional market. This partnership will contribute greatly to the optimization of our supply chain to support the manufacturing of bio-based products to customers worldwide", says Roger Marchioni, Asia Olefins & Polyolefins Director and Global I'm green^TM bio-based Commercial Director.

Katoen Natie operates in over 36 countries across five continents and has experience both in sustainably handling petrochemicals and working in the logistics hub Singapore. Braskem supplies both conventional and sustainable products to customers across Asia, including its I'm green^TM bio-based portfolio. These sustainable solutions offer alternatives to traditional plastic materials and are suitable for a wide range of applications. Made from renewable feedstock, they help reduce carbon footprint and greenhouse gas emissions. I'm green^TM bio-based, derived from sugarcane, is recyclable using standard processes, without the need for alternative methods.

ABOUT BRASKEM

With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the Circular Economy. The petrochemical company's almost 8,000 team members dedicate themselves every day to improving people's lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare, and hygiene, among others. With 40 industrial units in Brazil, the United States, Mexico, and Germany, Braskem exports its products to clients in more than 70 countries.

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For press information, please contact:

Braskem North America, Europe, and Asia

Stacy Torpey  - stacy.torpey@braskem.com

Jessica Frank - jessica.frank@braskem.com