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11-30-2011

Braskem: Distribution Agreement

Global biopolymer leader Braskem, São Paulo, Brazil, and bioplastics compounding specialist FKuR Kunststoff GmbH, Willich, Germany, have signed a distribution agreement for Green PE. Taking effect immediately, FKuR will be the official distribution partner for Braskem´s Green PE in Europe. This latest development follows the compounding contract which was signed between the two partners for tailor made compounds based on Green PE, already announced in September 2011.

With its European sales force, FKuR will be an additional technology and technical contact support, development advisor and logistic partner for Europe.

Furthermore, tailor-made compounds made from Braskem’s Green PE will be available under FKuR’s brand name Terralene.

In September 2010, Braskem became the world’s first producer of LLDPE and HDPE from renewable resources.

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