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Stock impact report

Shell Chemicals and Braskem Bring Certified Bio-Attributed and Bio-Circular Propylene and Polypropylene to the U.S. Market [Yahoo! Finance]

Braskem SA ADR (BAK) 
US:NYSE Investor Relations: braskem.com.br/ri/home-en
Company Research Source: Yahoo! Finance
BUSINESS WIRE )--Shell Chemicals recently started to supply Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) with bio-attributed and bio-circular propylene feedstocks, based on a mass balance approach and independently certified by a third party. Braskem will utilize such feedstocks for the manufacture of bio-attributed and bio-circular polypropylene enabling more sustainable options for growing consumer demand in the packaging, film, automotive, and consumer goods markets. Mark Nikolich, Vice President of Olefins and Polyolefins, Braskem North America stated, "Braskem is a leader in the innovation and production of bio-based materials, and we continue to see demand grow for more renewable solutions in our markets. In January 2023, we communicated the evaluation of a Braskem-led project to produce bio-based propylene in the U.S. With today's announcement, we will continue to focus our work on sources of sustainable propylene, in this case, bio-attributed a Show less Read more
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