Breakthrough in the American market

Brazil's bio-based PPR mass production: Braskem will put into operation the world's first sugarcane ethox-based PPR production line in May 2024, reducing its carbon footprint by 60%. It has already obtained the EU CPR certification, and its quotation is 15% higher than that of traditional PPR.

Impact of US sanctions: The embargo on building materials from Iran in March 2024 led to its PPR imports being diverted to Russia (with raw materials supplied by Gazprom Neft), and Russia's PPR exports soared by 47% year-on-year.