By Jeffrey T. Lewis
SÃO PAULO--Braskem said Monday it signed an agreement to supply Indorama Ventures IOD-Oxiteno with the Brazilian chemical company's bio-attributed ethylene.
The companies didn't provide information on how much of the reduced-carbon compound Oxiteno would be purchasing. Ethylene is used as a raw material to make polyethylene and other industrial chemicals.
Bio-attributed ethylene is produced from traditional carbon sources, along with recycled or renewable components that give the product a more sustainable profile, Braskem said.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
11-06-23 0856ET