Construction of a biomass-fired plant that will supply steam to Brazilian thermoplastic resin producer Braskem SA (BVMF:BRKM5). The plant will be comprised of four industrial boilers operating 24 hours a day, seven days a week, to ensure an uninterrupted supply of steam for Braskem’s PVC factory.
Veolia will supply the steam from the biomass-based plant for a 20-year period. The facility is scheduled to commence operations between the end of 2023 and the beginning of 2024