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Press Releases • October 19, 2023

Braskem continues investing in the development of its biopolymers in Asia and opened a Tokyo Representative Office

Expanding local presence in Japan and further development of market opportunities in Asia are reinforcing Braskem's path towards carbon neutrality and climate change.

Braskem, the leading global biopolymer producer, today announces the opening of its Representative Office in Tokyo, Japan one of the key markets for Braskem's I'm greenT bio-based Polyethylene (PE). This expansion reinforces our continuous commitment to the Japanese market and the continued development the biopolymer solutions based on renewable feedstock.

For over 15 years, Braskem has provided biopolymers to the Japanese market as part of its sustainable solutions, in line with the countries goals to become a carbon neutral circular economy.

Braskem's biopolymer I'm greenT bio-based Polyethylene (PE) delivers an important contribution to a carbon-neutral society and mitigation of climate change as the product has a negative carbon footprint, from the sugar cane crop to polymer production. Through this process, we can removes CO2 from the atmosphere through photosynthesis and stores the carbon in the biopolymer that can be further mechanically or chemically recycled.

Braskem recently increased the production capacity of biopolymers in Brazil by 30% and has established an JV with SCG Chemicals to develop a project in Thailand to increase the regional availability of I'm greenT bio-based Polyethylene (PE) in Asia.

Walmir Soller, VP of Braskem for Europe & Asia and Global Leader for the I'm greenT bio-based PE business, said "We are always looking for opportunities to expand the I'm greenT bio-based PE reach and deliver low-carbon alternatives to our clients, aligned with the increasing societal demand for sustainable solutions. Our Representative office in Japan will be Braskem's ambassador to work with local stakeholders, and advocate for the development of the low carbon solutions. We want to be an active partner in Japan's journey towards net zero, by contributing our plastics from sustainably sourced renewable feedstock."

I'm greenT bio-based Polyethylene is a plastic made from sugar cane ethanol, sourced according to a responsible sourcing protocol that encompasses requirements in terms of biodiversity, labor rights, social responsibility, and best agricultural practices. I'm greenT bio-based PE is used in a variety of products, including packaging for food and beverages, personal and home care products, toys, houseware, and safety equipment.

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