Latest news with #Braskem
Yahoo
12 hours ago
- Business
- Yahoo
Braskem and Ardent Advance Breakthrough Olefin Separation Technology Towards Commercial Implementation
Successful demonstration program leads to commercial implementation of innovative membrane technology NEW CASTLE, Del. & PHILADELPHIA, June 03, 2025--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, and Ardent Process Technologies ("Ardent") today announced the successful completion of their joint development program for an innovative olefin-paraffin separation technology, marking a significant advancement in polyolefin production efficiency. The collaboration, which began in November 2020, centered on the development and testing of Ardent's OptipermTM membrane technology at a dedicated demonstration unit within Braskem's facilities. The rigorous development program has satisfactorily met key performance metrics, including membrane efficiency, durability, and operational stability. "The successful pilot program demonstrates the tremendous potential of this technology to revolutionize olefin paraffin separation processes," said Bill Charlton, the COO of Ardent and leader of this project. "We are excited to move forward with Braskem towards full commercial implementation." Following these promising results, Braskem has confirmed its intention to implement this groundbreaking technology across commercial facilities. Engineering and design work have already commenced for the first commercial installation. "This technology represents a significant step forward in our commitment to innovative and sustainable solutions," said Gus Hutras, Global Process Technology Director at Braskem. "The successful pilot results align with our vision of transforming the chemicals and plastics industry through innovation while advancing our goals toward carbon neutrality. We're excited to move this breakthrough technology into commercial implementation." For more information about the Optiperm™ membrane technology, visit About Ardent Ardent develops advanced membrane systems that accelerate decarbonization and improve efficiency in energy-intensive industries. Its patented Optiperm™ platform enables scalable, bolt-on solutions for carbon capture and other complex chemical separations. With proven performance in the field and modular design, Ardent delivers practical, energy-efficient technologies ready for real-world deployment. Ardent has over 20 years of manufacturing experience across power generation, industrial chemicals, pharmaceuticals, and O&G operations and a proven track record of taking new technologies from the lab to the field, partnering with global leaders like Braskem, Chevron, and Pfizer to deliver end-to-end solutions at commercial scale. In 2023 Ardent raised an oversubscribed $16.5 million Series A round led by Pangaea Ventures, with participation from Syensqo Ventures, Chevron Technology Ventures, Technip Energies and GC Ventures. Learn more at or follow us on LinkedIn. About Braskem With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the Circular Economy. The petrochemical company's almost 9,000 team members dedicate themselves every day to improving people's lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare, and hygiene, among others. With 40 industrial units in Brazil, the United States, Mexico, and Germany, Braskem exports its products to clients in more than 70 countries. Braskem America is an indirect wholly owned subsidiary of Braskem S.A. headquartered in Philadelphia. The company is the leading producer of polypropylene in the United States, with five production plants located in Texas, Pennsylvania, and West Virginia, an Innovation and Technology Center in Pittsburgh, and operations in Lexington, MA focused on leveraging groundbreaking developments in biotechnology and advanced materials. For more information, visit Braskem on English social media: FORWARD-LOOKING STATEMENT This press release contains projections and other forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) regarding future events. These statements reflect Braskem's current beliefs and expectations with respect to Braskem's business, the viability and scalability of the Optiperm™ technology and its effect on Braskem's processes and production facilities and other future conditions and are based on assumptions, are subject to risk and uncertainties and are subject to change at any time. Actual events or results may differ materially from those contained in such forward-looking statements. Important factors that could cause actual events or results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the contraction or lack of growth in the market segments in which Braskem competes and in which its products are sold (ii) unexpected delays or other problems in the implementation of the Optiperm™ technology at Braskem facilities, (iii) unexpected delays or other problems in scaling up the Optiperm™ technology; (iv) increased competition from imports or in the export markets, (v) inability to anticipate future market trends and the future needs of Braskem's customers, (vi) the impact of natural disasters on Braskem's facilities, its suppliers and customers; (vii) the development of alternate products, and (viii) other factors detailed in documents Braskem S.A. files from time to time with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. View source version on Contacts For press information, please contact: Braskem North America, Europe, and Asia Stacy Torpey – (215) 841 3194 – Alana Khaytin – ArdentLaura Miller lmiller@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
13 hours ago
- Business
- Business Wire
Braskem and Ardent Advance Breakthrough Olefin Separation Technology Towards Commercial Implementation
NEW CASTLE, Del. & PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, and Ardent Process Technologies ('Ardent') today announced the successful completion of their joint development program for an innovative olefin-paraffin separation technology, marking a significant advancement in polyolefin production efficiency. The collaboration, which began in November 2020, centered on the development and testing of Ardent's Optiperm TM membrane technology at a dedicated demonstration unit within Braskem's facilities. The rigorous development program has satisfactorily met key performance metrics, including membrane efficiency, durability, and operational stability. "The successful pilot program demonstrates the tremendous potential of this technology to revolutionize olefin paraffin separation processes," said Bill Charlton, the COO of Ardent and leader of this project. "We are excited to move forward with Braskem towards full commercial implementation." Following these promising results, Braskem has confirmed its intention to implement this groundbreaking technology across commercial facilities. Engineering and design work have already commenced for the first commercial installation. "This technology represents a significant step forward in our commitment to innovative and sustainable solutions," said Gus Hutras, Global Process Technology Director at Braskem. "The successful pilot results align with our vision of transforming the chemicals and plastics industry through innovation while advancing our goals toward carbon neutrality. We're excited to move this breakthrough technology into commercial implementation." For more information about the Optiperm™ membrane technology, visit About Ardent Ardent develops advanced membrane systems that accelerate decarbonization and improve efficiency in energy-intensive industries. Its patented Optiperm™ platform enables scalable, bolt-on solutions for carbon capture and other complex chemical separations. With proven performance in the field and modular design, Ardent delivers practical, energy-efficient technologies ready for real-world deployment. Ardent has over 20 years of manufacturing experience across power generation, industrial chemicals, pharmaceuticals, and O&G operations and a proven track record of taking new technologies from the lab to the field, partnering with global leaders like Braskem, Chevron, and Pfizer to deliver end-to-end solutions at commercial scale. In 2023 Ardent raised an oversubscribed $16.5 million Series A round led by Pangaea Ventures, with participation from Syensqo Ventures, Chevron Technology Ventures, Technip Energies and GC Ventures. Learn more at or follow us on LinkedIn. About Braskem With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the Circular Economy. The petrochemical company's almost 9,000 team members dedicate themselves every day to improving people's lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare, and hygiene, among others. With 40 industrial units in Brazil, the United States, Mexico, and Germany, Braskem exports its products to clients in more than 70 countries. Braskem America is an indirect wholly owned subsidiary of Braskem S.A. headquartered in Philadelphia. The company is the leading producer of polypropylene in the United States, with five production plants located in Texas, Pennsylvania, and West Virginia, an Innovation and Technology Center in Pittsburgh, and operations in Lexington, MA focused on leveraging groundbreaking developments in biotechnology and advanced materials. For more information, visit Braskem on English social media: This press release contains projections and other forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) regarding future events. These statements reflect Braskem's current beliefs and expectations with respect to Braskem's business, the viability and scalability of the Optiperm™ technology and its effect on Braskem's processes and production facilities and other future conditions and are based on assumptions, are subject to risk and uncertainties and are subject to change at any time. Actual events or results may differ materially from those contained in such forward-looking statements. Important factors that could cause actual events or results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the contraction or lack of growth in the market segments in which Braskem competes and in which its products are sold (ii) unexpected delays or other problems in the implementation of the Optiperm™ technology at Braskem facilities, (iii) unexpected delays or other problems in scaling up the Optiperm™ technology; (iv) increased competition from imports or in the export markets, (v) inability to anticipate future market trends and the future needs of Braskem's customers, (vi) the impact of natural disasters on Braskem's facilities, its suppliers and customers; (vii) the development of alternate products, and (viii) other factors detailed in documents Braskem S.A. files from time to time with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
Reuters
26-05-2025
- Business
- Reuters
Petrobras wants more power to appoint Braskem board members and directors, sources say
RIO DE JANEIRO, May 26 (Reuters) - Brazil's Petrobras ( opens new tab wants to review Braskem's ( opens new tab shareholders agreement for possible changes to allow it more say in the petrochemical firm's decisions, three sources close to the matter at the state-run oil firm told Reuters. Petrobras has a 47% voting stake in the petrochemical company but has appointed four of 11 board members and one director out of seven, numbers it considers small, according to the sources. Last week, Braskem's majority stakeholder Novonor received a non-binding proposal from a fund owned by businessman Nelson Tanure to acquire control of the largest petrochemical company in Latin America. Novonor has been trying to sell its stake in Braskem for years, but has repeatedly failed to reach a deal. Petrobras' objective would be to obtain a new agreement akin to the one it got in Eletrobras, where it increased the number of seats it appoints to the board of the former state-run firm, expanding its influence. In the event of a sale, Petrobras has preference rights to buy Novonor's stake, but the sources said Petrobras has no interest in increasing its voting share. Petrobras wants instead to have a more active voice in the management and operations of the petrochemical company, regardless of who is the controlling partner, said the sources. On Monday, Petrobras CEO Magda Chambriard said Tanure's proposal is a move in the right direction. "Whatever solution that works out will have Petrobras' support," said Chambriard. Braskem and Petrobras did not immediately respond to requests for comment.
Reuters
23-05-2025
- Business
- Reuters
Brazil's Novonor confirms Tanure's offer for controlling stake in Braskem
SAO PAULO, May 23 (Reuters) - Brazilian businessman Nelson Tanure has made an offer to acquire a controlling stake in Braskem ( opens new tab, a securities filing showed on Friday, confirming local media and Reuters reports that cited sources earlier in the day. The tycoon is looking to acquire conglomerate Novonor's ( stake in Braskem for an undisclosed value, according to the filing released by the petrochemical firm, which cited a letter it received from Novonor. Tanure and Novonor signed an exclusivity agreement to discuss the terms and conditions of the proposal, the filing added.
Newsweek
23-05-2025
- Business
- Newsweek
From Crisis to Catalyst: How Chemicals Are Powering Tomorrow
For the chemicals industry—so deeply embedded in the machinery of global trade—2025 is a reckoning. In conversations with executives across the sector, one theme surfaced again and again: uncertainty. But beneath the noise, a deeper shift is underway. The industry is no longer content to react; it is rethinking where it operates, how it builds resilience and what role it will now play in a fractured, fast-changing world. And nowhere is this upheaval more apparent than in the turning tides of geopolitics. With supply chain disruptions from the Red Sea to the Panama Canal, conflict from Ukraine to the Middle East and now sweeping tariffs under a second Trump administration in the U.S., the industry is recalibrating—adapting to a world tilting away from global integration toward fragmentation and self-protection. The old logic—low-cost global trade, predictable policy, centralized production—is breaking down. In its place, a new playbook is emerging: one rooted in resilience, reinvention and a sharper sense of long-term purpose. But pressure doesn't just disrupt—it accelerates change. In chemistry, as in life, higher pressures lead to faster reactions. This report captures that pivot, in the voices of those confronting it firsthand. Roberto Ramos, CEO, Braskem. Credit: Coutesy of Braskem. Roberto Ramos, CEO, Braskem. Credit: Coutesy of Braskem. The most significant change is the demise of the European producers, particularly after the Russian invasion of Ukraine. This affected the availability of gas for power generation, causing energy prices to triple. Companies in Europe simply couldn't compete with the rising energy costs. Roberto Ramos, CEO, Braskem. Jean-Yves Parisot, CEO, Symrise. Credit: Courtesy of Symrise. Jean-Yves Parisot, CEO, Symrise. Credit: Courtesy of Symrise. Our biggest challenge is balancing customer needs with innovation. Despite economic pressures and rising tariffs, we're committed to investing in innovation, particularly in health, well-being and beauty. Sourcing natural raw materials is also a challenge, especially with climate change impacting agriculture. Jean-Yves Parisot, CEO, Symrise. This report has been paid for by a third party. The views and opinions expressed are not those of Newsweek and are not an endorsement of the products, services or persons mentioned. Click here to download the full report
