Braskem America to Invest in US Polypropylene Business
Braskem America will invest $50m in its US polypropylene business through 2011, the company has said.
This will include a $35m investment in manufacturing assets, of which $15m has been earmarked for its La Porte, Texas plant.
The company will also improve competitiveness in its polypropylene business by expanding capacity on its advanced spheripol technology line and idling its slurry technology line.
Braskem said production of polymers, currently made on the slurry technology line, will be transitioned within the La Porte facility and to the company's other manufacturing plants in the US.