Braskem investing $50 million to upgrade North American PP business


Braskem SA will spend $50 million by the end of 2011 to upgrade its North American polypropylene business.

More than $35 million of that amount will be spent to improve the firm’s PP manufacturing assets in La Porte, Texas; Marcus Hook, Pa.; and Neal, W. Va.; officials with Braskem’s Braskem America office in Houston said in a Sept. 22 news release.

Of the $35 million, $15 million will be spent in La Porte, where Braskem will idle its slurry-type PP production line while increasing capacity on its line that uses
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