Braskem taps Terra Circular to form plastic recycling JV

(Reuters) - Brazilian petrochemical producer Braskem said on Thursday it had formed a joint venture with Terra Circular aiming to convert low-quality plastic waste into final products.

Netherlands-based Terra Circular will provide the JV all the shares in its subsidiary ER Plastics, which has a capacity to recycle 23,000 tonnes of plastic waste per year.

(Reporting by Peter Frontini Editing by Mark Potter)

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