Braskem Reaches Two-Thirds of 2030 Emissions Cut Target Through Decarbonization

Braskem has already achieved more than two-thirds of its goal to cut absolute greenhouse gas emissions from its operations by 15% by 2030, through its Industrial Decarbonization Program, which has reduced more than 1.2 million tons of CO2e per year. The Vesta Project in ABC Paulista replaced steam turbines with high-efficiency electric motors and a hydrogen-rich residual gas cogeneration plant, cutting about 100,000 tons of CO2e annually. At Triunfo, biomethane supplied by Ultragaz partly replaces natural gas, and the PVC plant in Marechal Deodoro now uses eucalyptus biomass for steam.

Key facts

Market context

Braskem is one of the largest producers of polyethylene and polypropylene in the Americas, and it also makes PVC, a polymer widely used in pipes, window profiles, cables and medical packaging. Demand for these resins tracks construction, packaging, automotive and consumer goods activity, so producers face pressure to lower emissions intensity as customers and regulators increasingly look at the carbon footprint of plastics. Switching process steam from fossil fuel to biomass, using biomethane in place of natural gas, and electrifying drive systems are common routes for petrochemical plants to cut Scope 1 emissions without changing product specifications. Such moves do not add supply on their own, but they can help producers meet buyer requirements for lower-carbon grades and reduce exposure to volatile natural gas and carbon-related costs. Buyers and investors often watch these programs for signs of how cost structures may evolve across resin producers over the coming years.

Source: official release on braskem.com.br. Summary and context written by Market Krystal.