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Materials, Equipment & Energy

Braskem

Ecosystem NYSE / B3: BAK / BRKM5
Headquarters
São Paulo, BR
Segment
Materials, Equipment & Energy
Stories held
2
Last story
23 Sep 2026

Braskem is a Brazilian petrochemical group and the largest producer of thermoplastic resins in the Americas, operating industrial plants in Brazil, the United States, Mexico and Germany. It supplies polyethylene, polypropylene and PVC resins to packaging converters and other industrial customers, and is controlled by Novonor (formerly Odebrecht) and Petrobras.

2 stories · 2026

Braskem, 3M and MagSac launch recycled-resin flexible packaging in Brazil

Braskem has partnered with 3M and converter MagSac Embalagens to launch flexible packaging containing 50% post-consumer recycled resin from Braskem's Wenew portfolio, used for 3M's 1100 and 1110 ear plug products. The companies say the packaging cuts carbon footprint by an estimated 24% versus virgin resin and enables use of about 180 tonnes per year of recycled material, with the partners describing it as the first such solution in Latin America.

Why this mattersThe project shows brand owners, resin producers and converters coordinating to meet rising recycled-content requirements under EU PPWR and California's SB-54.

  • Packaging uses 50% post-consumer recycled resin from Braskem's Wenew portfolio.
  • Estimated 24% reduction in carbon footprint versus virgin-resin packaging.
  • Solution enables use of about 180 tonnes per year of recycled material.
  • Applied to 3M's 1100 and 1110 ear plug products.
  • Described as the first flexible packaging of its kind in Latin America with 50% PCR content.
  • Project cites alignment with EU PPWR and California SB-54 recycled-content requirements.
Braskem 3M counterparty MagSac Embalagens counterparty
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Brazil renews 20% tariff on polyethylene and polypropylene resin imports

Brazil's Camex foreign trade committee renewed for 12 months, on 27 August 2026, an increased 20% import tariff on six types of polyethylene and polypropylene resins, up from 12.6%. Plastics converters in Minas Gerais, represented by industry body Simplast, warn the measure creates a tariff inversion that raises raw material costs above those of finished plastic imports, squeezing margins across food, pharmaceutical and packaging supply chains.

Why this mattersProtected resin prices raise input costs for Brazilian converters while finished plastic goods enter at lower duties, squeezing margins across food, pharmaceutical and packaging chains.

  • Camex's Gecex committee renewed the tariff increase on 27 August 2026 for 12 months.
  • The tariff on six polyethylene and polypropylene resin types rose from 12.6% to 20%.
  • Simplast says import prices for the affected raw materials have risen 63% cumulatively since the tariff was first applied in 2024.
  • Simplast names Braskem as Brazil's only domestic resin supplier.
  • Packaging can account for about 14% of a product's cost and roughly 9.5% of the final price after pass-through, according to Simplast.
Braskem Maximu's Embalagens Especiais Camex counterparty
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