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April 2011 Petrochemicals News

11 April 2011

Read more: [polyolefins] [polyethylene]

Braskem closes Nexi-covered polyethylene loan Braskem has closed a $200 million NEXI-covered loan that finances the construction of a polyethylene plant that uses sugarcane-based ethanol as a feedstock in Brazil. The lead arrangers of the debt, which features both political and commer­cial risk cover from NEXI, are Sumitomo Mitsui Banking Corporation, as administrative and collateral agent, and Credit Agricole as NEXI agent. The loan is...

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