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Braskem’s Bahia cracker to consume more ethane; inks 10-year supply agreement with EPD
HOUSTON, March 21, 2016 (PCW) -- Braskem said Monday it will invest R$380 million (USD$105 million) to allow its Bahia cracker to use as much as 15% of ethane as its feedstock.
The company has inked a 10-year agreement with Enterprise Products Partners for that ethane supply, which will be imported from the US and whose price will be based on the international Mont Belvieu reference price.
The Bahia cracker has a capacity of 1.28 million mt/yr (2.8 billion lb.yr). – Samantha Hartke