Advancing the Circular Economy with Verified Recycled Content and Traceability

Rotterdam, The Netherlands - July 8, 2024 - Braskem, a leading global manufacturer of petrochemical products, is proud to announce the successful achievement of RecyClass certification. A significant step in advancing Braskem's circular economy strategy. This valued, cross-industry initiative facilitates the transition to a circular plastics future by providing essential certifications to ensure the sustainability and traceability of recycled plastics.

RecyClass certification includes recyclability certification, recycling process certification and, specifically in Braskem's case, recycled plastic traceability certification. This important certification guarantees that the content and origin of their recycled material is traceable, which greatly increases the credibility and transparency of their mechanically recycled products.

By including this certification, Braskem can demonstrate the traceability and recycled content of its marketed grades. This not only helps its customers to meet their recycled content targets in terms of tax exemptions and legal requirements, but also underlines Braskem's commitment to sustainability and the circular economy.

"The primary business objective of this initiative is to provide Braskem's customers with a robust system for the reliable traceability of the origin of plastic waste and the calculation and verification of the recycled percentage in plastic products. With this achievement, Braskem's recycling business aims to improve its qualifications and continue to supply high quality mechanically recycled resins to the European market", added Ellis van Dam, Business Leader Recycled Products Europe.

Braskem remains true to its commitment to sustainability and innovation and strives to improve people's lives through sustainable solutions in the chemicals and plastics industry. With the RecyClass certification, they are taking a significant step forward in their mission to promote a cleaner and greener future.

About Braskem

With a global vision of the future, oriented towards people and sustainability, Braskem is engaged in contributing to the value chain in order to strengthen the Circular Economy. Its 8,000 team members dedicate themselves every day to improving people's lives through sustainable solutions in chemicals and plastics. With its corporate DNA rooted in innovation, Braskem offers a comprehensive portfolio of plastic resins and chemical products for diverse industries, such as food packaging, construction, manufacturing, automotive, agribusiness, health and hygiene, and more. With 40 industrial units in Brazil, United States, Mexico and Germany and net revenue of R$52.3 billion (US$13.2 billion), Braskem exports its products to clients in over 100 countries.

About RecyClass

RecyClass is an initiative that aims to advance plastic recycling and the circular economy. It provides certifications that ensure the recyclability, recycling processes, and traceability of recycled plastics, supporting industries in meeting sustainability targets and legislative requirements.