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With seven new projects, Braskem will expand its capacity by 139 thousand tons of polyethylene, PVC and other chemicals, benefiting Bahia, Rio Grande do Sul and Alagoas, in a strategic initiative that promises to modernize the national industry.
A giant gear moving the Brazilian economy. This is how we can see Braskem, one of the largest companies in the chemical industry in the country, which announced an investment of R$614 million to increase its production capacity in three states: Bahia, Rio Grande do Sul and Alagoas. This is another chapter in a strategy that promises not only to modernize the sector, but also to generate jobs and competitiveness. Let's dive into the details?
Braskem’s expansion: A strategic step for the chemical industry
If the future of Brazil goes through industrialization, Braskem is paving the way. With seven projects planned, the company expects an increase of 139 thousand tons in annual production. All this thanks to the Special Regime for the Chemical Industry (Reiq Investimentos), which has restored the competitiveness of a sector that is essential to the national economy.
Roberto Ramos, CEO of Braskem, highlighted the crucial role of Reiq: “It came at a strategic moment to help the survival of the Brazilian chemical sector.” And let’s face it, in the global economy, competitiveness is the key word.
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Project details: Bahia, Rio Grande do Sul and Alagoas
The states in which Braskem will invest are set to become the biggest beneficiaries of the new wave of investments. In Bahia, Rio Grande do Sul and Alagoas, industrial plants will receive improvements that will directly impact the production of polyethylene (PE), PVC and other chemical products.
These advances are not just numbers. They represent more jobs, more income and more innovation. After all, each additional ton produced is a step towards a more industrialized Brazil that is less dependent on imports.
The importance of Reiq for national competitiveness
According to the Eixos website, Reiq is not just a tax policy; it is a foundation for the sustainable growth of the chemical industry and for strategic investments, such as those of Braskem. Since its resumption in 2023, the special regime has already approved 15 industrial projects worth R$713 million, including notable initiatives such as those of the Brazilian chemical giant. And this is just the beginning, as another nine projects are under analysis.
For Geraldo Alckmin, VP and Minister of the MDIC, the impact of Reiq goes beyond the economy: “This investment modernizes the industry, improves its competitiveness, expands industrial activity and generates more jobs and income.” It is like a gear that turns to move all the others, with Braskem leading this transformation.
The future of the chemical industry in Brazil
With Reiq and investments like those from Braskem, Brazil is gaining momentum to compete on equal terms in the global market. The use of natural gas as an input for the production of fertilizers, for example, is a strategic step that can put the country at the forefront of sustainable chemistry.
These advances place Brazil as a relevant player on the international scene, reinforcing its capacity to meet the demands of a market in constant evolution.
