Braskem, the market leader and pioneer in biopolymer production on an industrial scale, and Sojitz, Japan-oriented global trading company, have signed an agreement to establish a joint venture which will produce and market bioMEG (monoethylene glycol) and bioMPG (monopropylene glycol). Subject to the conclusion of technology development in 2022, the business plan includes the construction of three industrial units, with the startup of the first plant in 2025, taking advantage of market opportunities and feedstock availability.
