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BRIEF-Braskem approves construction of polypropylene production line
June 22, 2017 / 12:18 PM / 3 months ago

BRIEF-Braskem approves construction of polypropylene production line

June 22 (Reuters) - Braskem SA:

* Braskem SA says board formally approved final investment decision to proceed with polypropylene production line in americas

* Braskem SA says will commit up to $675 million in investment capital towards design and construction of new facility which will be named Delta

* Braskem SA says new facility which will be named delta, will be located next to Braskem’s existing production facilities in la porte, Texas, U.S.

* Braskem SA says new facility construction is expected to begin mid-summer, with final phase of main construction targeted for q1 of 2020 Source text for Eikon: Further company coverage:

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