Houston-area chemical plant start up didn’t translate into new jobs

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Brazil-based Braskem SA’s (NYSE: BAK) recently opened polyethylene plant in La Porte hasn’t translated into many new jobs onsite, a company executive said. The ultra high molecular weight polyethylene plant is a retrofit of a polypropylene plant Braskem acquired when it bought Philadelphia-based Sunoco Inc.’s polypropylene business back in 2010, said Christopher Gee, who leads the company’s ultra high molecular weight polyethylene business line. That means that most of the employees who work there…


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