Braskem Launches New Petrochemical Plant in Brazil

CORDOBA, ARGENTINA--May 1, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--On April 25, 2008, Braskem (NYSE:BAK) (Camacari, Brazil) launched a new polypropylene petrochemical plant in Paulinia in Sao Paulo, Brazil. With the $411 million petrochemical plant, which has a 350,000-ton-per-day processing capacity, Braskem is now considered the third-largest resin producer in the Americas.