After receiving the necessary license, Braskem is scheduled to commence operations in August and produce 200,000 tons of "green plastics". Braskem is Americas’ largest thermoplastic resin producer has received the license for Brazilian plant that will use ethylene produced 100% from ethanol, as per Platts. About 470 million liters of ethanol will be required as feedstock every year, amounting to about 1.5% of Brazil's expected output of the fuel in 2010. The real 500 mln (US$290 mln) plant in Triunfo, Brazil, will be the first to produce plastics on an industrial scale using 100% renewable feedstock. About 80% of its planned output has been pre-sold to companies in the US, Europe and Asia. Initially, the plant will have to buy ethanol from other Brazilian states, though the government of Rio Grande do Sul was preparing to increase sugarcane production to create farm jobs.
23-Jul-10 
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