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Stock impact report

Braskem unveils new biocircular PP product for food packaging [Yahoo! Finance]

Braskem SA ADR (BAK) 
US:NYSE Investor Relations: braskem.com.br/ri/home-en
Company Research Source: Yahoo! Finance
The new product is aimed at enhancing sustainability within the restaurant and snack food industries. This material is derived from used cooking oil (UCO) and is certified as a biocircular International Sustainability and Carbon Certification Plus mass-balanced product. It offers a significant step towards reducing reliance on fossil fuels and promoting a circular economy in the sector. The material is said to maintain the same properties and performance as conventional PP, ensuring that clients can adopt it without any disruptions. Braskem America polyolefins vice-president Bill Diebold said: "Our biocircular PP is currently being supplied to various converters which support the quick service restaurant (QSR) industry. “Ideal users include QSR chains, retail food suppliers, traditional restaurants, and snack food companies especially those seeking to enhance circularity from their cooking oil usage. This versatile material is suitable for a wide range of applications, incl Show less Read more
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