Sunoco Chemicals’ acquisition by Braskem S.A.
We are pleased to announce that Braskem, the largest thermoplastic resin producer in the Americas, has acquired the polypropylene operation of Sunoco Chemicals.
This transaction is another step in implementing Braskem’s international expansion and growth strategy, along with other recent movements such as the merger of Quattor in Brazil and greenfield projects in Mexico, Peru and Venezuela.
Braskem’s decision to invest in industrial assets in the United States demonstrates its commitment to the U.S. market and to continue growing from the Sunoco Chemicals’ asset base. We believe that this acquisition will make an invaluable contribution to Braskem’s and Sunoco Chemicals’ ...
