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Green Machines | Braskem’s Sugar Cane Gains

The Estadão reports:

Tigre will introduce a new line of drainage grills using polyethylene produced by Braskem from sugarcane. Known as the Tigre Eco-Grill, the product line marks the entry of «green» plastic into the construction market, the company says, without revealing further details of the deal.

“Our investment in this new line shows that we are increasingly open to differentiated strategies based on our sustainability policy, which we restructured late last year,” writes Paulo Nascentes, Tigre VP for tubes and connectors. Tigre is already negotiating with homebuilder Tecnisa over the use of green products at a building site in São Paulo. The product line officially rolls out this month.

The announcement represents a widening and diversification of Braskem’s applications for  polyethylene plastics. The company has already closed deals to supply the likes of Procter & Gamble, Johnson & Johnson, Nestlé e Tetra Pak, among others.

«I have one word for you, my boy: Plastics», as someone once told Dustin Hoffman.

Other news from the alt.energy file, via Relatório Reservado — taken with a grain of salt, like tequila, a stimulating source of conjecture …

The owners of Dobrevê Energia, namely the controlling shareholders of Malwee and Natura, are searching for a new partner. EDF and AES are the main candidates to enter the wind-power company.  Energisa, which has already visited the deal’s data room, has begun due diligence, but has lost ground over its financial capacity. Contacted by RR,
Dobrevê confirmed that it is selling part of its equity.

The Brazilian business press tends to be short on deal- and breaking stock-oriented news and big on macroeconomics, which makes Jack a dull boy.