Braskem S.A. Approves Major Investment to Increase Ethylene Production Capacity

Braskem S.A. has announced a significant investment to increase the ethane base capacity of its petrochemical plant in Rio de Janeiro by 220 thousand tons of ethylene per year, along with equivalent volumes of polyethylene. The total investment is estimated at approximately R$4.2 billion, with a potential variation of up to 30%. The project, expected to be completed by the end of 2028, is part of the company's Transformation Plan and aims to enhance competitiveness through the use of gas in its feedstock matrix. The implementation is contingent on securing additional financing and finalizing a long-term ethane supply contract with Petrobras. Braskem will continue to update the market on any material developments.