Global petrochemicals firm Braskem has invested €5 million to build a new European Technology Center in Wesseling, Germany. The facility will allow the company to develop new products specifically for the European market. The center will be officially opened on 7 October, coinciding with the 25th anniversary of the plant's operations. Braskem already operates two Polymer Technology Centers in Brazil and the US, and the investment in Germany reflects the company's commitment to the European market. The new equipment at the Technology Center will improve product development and broaden Braskem's portfolio.
Global petrochemicals firm Braskem has invested around 5 million to build a new European Technology Center within its plant in Wesseling, Germany. With the new facility, the company will be able to develop new products designed specifically for the European market. Its official opening ceremony will be held on Friday, October 7, when the plant celebrates 25 years since it started operations.
Braskem already operates two Polymer Technology Centers worldwide, one in Triunfo, Brazil and one in Pittsburgh in Pennsylvaniab, US. Investing in a center of technical know-how in Germany reflects the company's commitment to the European market and its clients.
"We are pleased that we now have the capability to develop new products directly for the European market and to provide enhanced technical support to our clients" says Srivatsan Iyer, CEO of Braskem Europe.
"Our capabilities in research and development here in Europe, along with the expertise and facilities in our other global Technology Centers, will continue to enable Braskem to expand its technical leadership in polyolefins. We are now able to give our clients even closer support on products and serve them even more efficiently with market-specific requirements", he adds.
The new equipment at the Technology Center provides instrumentation for testing, application development and new product research, which will help improve products and broaden Braskem's portfolio to serve high growth markets.