Braskem close partnership with Pegasus Polymers to distribute UTEC ® in China

Braskem, the largest producer of resins in the Americas, announces your new partnership with Pegasus Polymers to distribute the UTEC ®-Ultra High Molecular Weight Polyethylene (UHMWPE)-in China. Chinese demand by resin has a compounded annual growth rate (CAGR) of 10.74%, due to your use in key markets, such as battery separators, tubes and fibers.
"Our partnership with Pegasus Polymers confirms our commitment to the world market of UTEC ®. We are excited to be able to continue to strengthen and expand our business in China, taking advantage of even more our development of new applications and our industrial units to offer our customers a proprietary solution, "says Christopher Gee, Director Braskem's global business for the UTEC ®.
Pegasus Polymers is a Division for Ravago group, number one service provider in the global market of plastics, rubber and chemical products, and has sales offices in Guangzhou, Hong Kong, Fujian, Shanghai, Suzhou, Xi'an, Tianjin and Changchun, as well as installations of distribution and deposits in Guangzhou, Xiamen, Shanghai, Ningbo, Qingdao and Tianjin.
"We are proud to be the official distributor of the UTEC ® products of Braskem, in China. With the sales network of Pegasus, the deep industrial know-how in UHMWPE and UTEC ® product of high quality, we believe is bringing high value-added solutions to the market, "says Johnson Huang, commercial Director of greater China for the Pegasus.
Earlier this year, Braskem began operations in your new UTEC ® factory in La Porte, Texas, which complements the capabilities of productive line of Camaçari, Bahia. In addition, the company has improved its research and development capabilities for resin over 2016 in the center of innovations and technology company in Pittsburgh, Pennsylvania. These features allow you to expand your petrochemical technical leadership in UHMWPE.
Braskem been researching opportunities to expand your presence in this market, in order to benefit its current and future clients. Since the inauguration of the new production structure of UTEC in Texas were developed two new products, currently in the testing phase for your marketing potential.
The UTEC ® is an engineering polymer with excellent mechanical properties, high abrasion resistance, impact resistance and low coefficient of friction. Is a self-lubricating, high strength, light and workable, used for semi-finished products. The UTEC is eight times lighter than steel and lasts ten times longer than the high density polyethylene. Is used in a wide range of applications in the following industries: automotive and transportation, consumer electronics, fibres and textiles, industrial and heavy equipment, material handling, oil and gas, mining, plastics and porous pipe and recreation and consumer.
About Braskem
With a global vision of the future, human-oriented, the 8000 Braskem members strive everyday to improve people's lives, creating sustainable solutions of chemistry and plastic. Is the largest producer of resins in the Americas, with annual production of 20 million tons, including chemical and petrochemical, and revenues of $55 billion in 2016 R. Exports to Customers in approximately 100 countries and operates 41 industrial units, located in Brazil, USA, Germany and Mexico, the latter in partnership with Mexican Idesa.
About Pegasus Polymers
For Ravago group is a global leader in the distribution, sale and composition of commodities, engineering and special plastic and rubber polymers. In Asia, for Ravago has a distribution network of more than 15 offices spread over 8 locations. The for Ravago Asia focuses on providing a model of "global service with local quality", with a reliable and dedicated sales team, offering high added value services and a wide range of products for a variety of end-use markets. Pegasus Polymers became part of the group for Ravago in 2006 and already operated in Asia since 1990. Over the years, the distribution network of plastic and rubber of Pegasus grew significantly with 8 points in China so far. Pegasus provides a broad portfolio of commodity products, engineering and high-performance plastics for all segments of the industry. Pegasus operates under two legal entities. Pegasus Petrochemical Asia Limited (Hong Kong) and Pegasus Trading (Shanghai) co., Ltd. (China) have 6 points of storage and can provide professional technical services to customers of UHMWPE in the industry of rods and plates, pipes, fibres, filtering and separators of batteries.