Braskem Stops DMT; Halts PET Production in Brazil

Braskem says it will temporarily suspend polyethylene terephthalate (PET) production, and permanently stop dimethyl terephthalate (DMT) feedstock production at Camaçari, Brazil. The company says the 80,000-m.t./year DMT plant does not have the scale, technology, and cost advantage to compete globally. Braskem says it will explore the restart of the PET plant from a new technological route that guarantees competitive costs for the polyester chain in Brazil. The PET plant has capacity of 78,000 m.t./year. Braskem says it will continue to supply PET resin to...

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