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Braskem Establishes Partnership with Pegasus Polymers for UTEC® Distribution in China

Braskem Establishes Partnership with Pegasus Polymers for UTEC® Distribution in China

Braskem, the largest resin producer in the Americas, announces its new partnership with Pegasus Polymers for the distribution of UTEC® - Ultra-High-Molecular-Weight Polyethylene (UHMWPE) - in China. China's resin demand has a compound annual growth rate (CAGR) of 10.74% due to its use in key markets, such as battery separators, tubing, and fibers.

Pegasus Polymers is a division of the Ravago Group, the top global service supplier in the plastics, rubber and chemicals market, with sales offices in Guangzhou, Hong Kong, Fujian, Shanghai, Suzhou, Xi'an, Tianjin and Changchun, as well as distribution facilities and warehouses in Guangzhou, Xiamen, Shanghai, Ningbo, Qingdao, and Tianjin. 

Earlier this year, Braskem began operations at its new UTEC® plant in La Porte, Texas, which complements the capacity of the Camaçari production line, in Bahia. In addition, the company has enhanced its resin research and development capabilities during 2016 at the company's Innovation and Technology Center in Pittsburgh, Pennsylvania. These capabilities allow the petrochemical company to expand its technical leadership in UHMWPE. 

Braskem has been researching opportunities to expand its presence in this market, aiming to benefit its current and future customers. Since the inauguration of the new UTEC production structure in Texas, two new products have been developed and are currently being tested for potential marketing. 

UTEC® is an engineering polymer with excellent mechanical properties, such as high abrasion resistance, impact resistance, and low coefficient of friction. It is a self-lubricating, high-strength, lightweight and machinable product used for semi-finished products. UTEC is eight times lighter than steel and lasts ten times longer than High-Density Polyethylene. It is used in a wide range of applications in the following industries: automotive & transportation, electronics, fiber & textiles, industrial & heavy equipment, material handling, oil & gas, piping & mining, porous plastics, and recreation & consumer products. 

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