News
13 June 2018

Braskem signs ECA-covered facility for Project Delta

In:
Chemicals/Petrochemicals, Oil & gas
Region:
Americas

Braskem America Inc has signed a $225 million 11-year Euler Hermes-covered loan to part fund the $675 million expansion at its polypropylene production plant in La Porte, Texas (also known as Project Delta). Santander will provide 75% of the debt and ING will put up 25% as lead...

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