Business report

Braskem America Announces Progress Toward Its Environmental Goals

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Braskem America, a Philadelphia-based petrochemical company, recently released its progress toward securing renewable, emissions-free power for its North American production facilities.

The company has pledged to reduce its carbon dioxide equivalent emissions by more than 15% by 2030 and to achieve carbon neutrality by 2050.

“Braskem has a long-standing commitment to sustainability and carbon reduction initiatives, and our renewable, zero-emissions energy purchases reflect another major step forward in our North American carbon neutral framework, helping all to advance our goal of long-term carbon neutrality,” said Braskem America’s Head of Renewable Energy and Decarbonization, Richard Huh. “These significant reductions in CO2 emissions would not be possible without the close coordination of our power generation, regulatory and governmental partners in each of our major operating regions, and we are grateful for their support.”

To help achieve its goals, the company made strategic purchases. It was awarded emission-free power contracts for its Marcus Hook, Pennsylvania site through 2027; signed a renewable energy purchase agreement for its Neal, WV facility; and purchased renewable energy certificates resulting in an annualized reduction in Scope 1 and 2 greenhouse gas emissions of carbon dioxide.

Braskem America is a 100% indirect subsidiary of Braskem SA. It is the leading producer of polypropylene in the United States.