Shell: supplies Braskem with bio-circular materials
March 15, 2024 at 02:27 pm IST
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Shell Chemicals has announced that it has recently begun supplying Braskem with bio-attributed and bio-circular propylene feedstocks.
Braskem will use these feedstocks to manufacture bio-attributed and bio-circular polypropylene, offering more sustainable options to meet growing consumer demand in the packaging, film, automotive and consumer goods markets.
' This agreement further illustrates how Shell Chemicals is developing its sustainable chemicals portfolio and, by using bio-attributed and bio-circular feedstocks, Shell is advancing its strategy to reduce greenhouse gas emissions from its operations and become a net-zero emissions energy company. by 2050, ' said Sean Clarry, Senior Commercial Vice President, Shell Chemicals.
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Shell plc specializes in oil and natural gas production and distribution. Net sales break down by activity as follows:
- refining of crude oil (37.5%): owns, at the end of 2023, 7 refineries worldwide. Shell plc is also involved in the manufacturing of chemical and petrochemical products (olefins, aromatic products, solvents, ethylenes, propylenes, phenols, additives, etc.);
- marketing of petroleum products (34.4%): operation of a network of more than 47,000 service stations worldwide;
- production of electricity from renewable sources (14.1%);
- production of liquefied natural gas (11.9%);
- crude oil and natural gas exploration and production (2%);
- other (0.1%).
Net sales are distributed geographically as follows: the United Kingdom (14.1%), Europe (23.2%), Asia/Oceania/Africa (31.6%), the United States (22.2%) and Americas (8.9%).