NewsSSESSMENTS: Braskem Idesa Receives First Shipment Of US Ethane


Braskem Idesa SAPI, a joint venture between Brazil’s Braskem SA and Mexico’s Grupo Idesa SA de CV, has received the first shipment of US ethane, according to the company’s notice obtained by SSESSMENTS.COM. Braskem Idesa said it will use the feedstock to produce polyethylene at its Nanchital petrochemical complex in the Coatzacoalcos-Nanchital region in the state of Veracruz, Mexico.

Braskem Idesa invests about $4 million to import up to 12,800 bpd of US ethane, about 19% of the complex’s ethane requirements. The company, however, did not disclose the volume of the first shipment nor the supplier from which it bought the feedstock.

Braskem said that the JV invested $2.4 million in infrastructure to import US ethane. In the first phase, the facility could import up to 25,400 bpd of ethane, about 38%, of Nanchital site’s annual feedstock needs. Braskem Idesa is also evaluating a second-phase development, which includes the construction of a 30,000-50,000 bpd ethane import terminal and pipeline to deliver supplies directly to the complex. If approved, the project would begin early this year, with an expected startup date before the end of 2021.

Braskem also said that the JV planned to expand ethylene capacity at the complex by 10-20% during 2021, but it did not disclose further details on the project. As SSESSMENTS.COM noted, Braskem Idesa commissioned the Nanchital complex in 2016. It has a 1.05 million tons/year ethane cracker, a 300,000 tons/year LDPE plant, and two HDPE plants with capacities of 400,000 tons/year and 350,000 tons/year.

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February 12, 2020 11:37 AM