OverviewSuggest Edit

Braskem is a petrochemical company and a biopolymer producer. It provides polyethylene, polypropylene and polyvinyl chloride resins, as well as basic petrochemicals such as ethylene, propylene, butadiene, chlorine, benzene, toluene, etc. The company mainly serves the adhesives, agribusiness, rubber, construction, automotive, lubricants, paints and coatings, and retail industries. Braskem was created by the merger of six companies from the Odebrecht Group and the Mariani Group.

TypePublic
Founded2002
HQBR
Websitebraskem.com.br
Employee Ratings4.4

Latest Updates

Employees (est.) (Dec 2019)7,940
Job Openings8
Revenue (FY, 2019)R$52.3 B(-9%)
Share Price (Nov 2021)R$49.6(-12%)
Cybersecurity ratingBMore
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Key People/Management at Braskem

Roberto Lopes Pontes Simões

Roberto Lopes Pontes Simões

CEO, Board Member
Pedro van Langendonck Teixeira de Freitas

Pedro van Langendonck Teixeira de Freitas

Vice President, Finance, Procurement and Institutional Relations
Marcelo de Oliveira Cerqueira

Marcelo de Oliveira Cerqueira

Executive Vice President, Brazil Manufacturing and Global Industrial Operations
Edison Terra Filho

Edison Terra Filho

Vice President , Olefins & Polyolefins South America
Marcelo Arantes

Marcelo Arantes

Vice President, People, Communication, Marketing & Sustainable Development
Daniel Sales

Daniel Sales

Vice President, Investments & Digital Technologies
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Braskem Office Locations

Braskem has offices in , Camaçari, Cubatão, Duque de Caxias and in 29 other locations
Buenos Aires, AR
Calle Ingeniero Enrique Butty , # 240 - Piso 18
Camaçari, BR
Q 1 BA Rua Eteno , 1561 , Copec , Polo de Camaçari
Camaçari, BR
Rua Benzeno , 2391 , COPEC , Polo de Camaçari
Camaçari, BR
Rua Eteno , 1582 , Copec , Polo de Camaçari
Camaçari, BR
Rua Hidrogênio , 3342 , COPEC , Polo de Camaçari
Camaçari, BR
Rua Hidrogênio , nº 3520 , COPEC , Polo de Camaçari
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Braskem Financials and Metrics

Braskem Revenue

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Braskem's revenue was reported to be R$52.32 b in FY, 2019 which is a 9.8% decrease from the previous period.
BRL

Revenue (Q3, 2020)

16.0b

Gross profit (Q3, 2020)

3.6b

Gross profit margin (Q3, 2020), %

22.3%

Net income (Q3, 2020)

(1.3b)

EBIT (Q3, 2020)

(584.3m)

Market capitalization (10-Nov-2021)

39.6b

Closing stock price (10-Nov-2021)

49.6

Cash (30-Sept-2020)

12.3b

EV

95.1b
Braskem's current market capitalization is R$39.6 b.
Annual
BRLFY, 2017FY, 2018FY, 2019

Revenue

49.3b58.0b52.3b

Revenue growth, %

18%(10%)

Cost of goods sold

36.2b46.4b45.9b

Gross profit

13.1b11.6b6.4b
Quarterly
BRLQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

13.0b13.8b16.3b13.0b13.3b13.4b12.6b11.2b16.0b

Cost of goods sold

10.3b10.5b12.7b11.2b11.7b11.7b11.5b9.7b12.4b

Gross profit

2.7b3.3b3.6b1.8b1.7b1.7b1.2b1.5b3.6b

Gross profit Margin, %

21%24%22%14%12%13%9%14%22%
Annual
BRLFY, 2017FY, 2018FY, 2019

Cash

3.8b5.5b6.8b

Accounts Receivable

3.3b3.1b2.3b

Prepaid Expenses

134.3m239.5m115.1m

Inventories

6.6b8.5b7.6b
Quarterly
BRLQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

3.4b5.1b4.9b6.1b5.8b5.7b10.1b15.0b12.3b

Accounts Receivable

3.3b3.3b4.5b3.1b2.6b2.8b2.8b3.0b3.6b

Prepaid Expenses

122.1m140.9m111.6m256.5m199.5m152.8m94.5m401.1m423.1m

Inventories

6.7b8.1b8.9b8.1b8.3b7.9b7.8b7.4b8.1b
Annual
BRLFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

2.9b3.0b3.6b

Inventories

(1.4b)(1.5b)867.8m

Accounts Payable

(1.6b)1.3b282.4m

Cash From Operating Activities

2.5b9.3b2.3b
Quarterly
BRLQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Depreciation and Amortization

740.0m1.5b2.2b861.7m1.7b2.6b973.5m1.9b3.0b

Inventories

183.5m(1.2b)(2.0b)364.6m157.4m713.5m288.9m900.0m316.2m

Accounts Payable

354.5m1.3b1.9b(87.7m)965.3m19.2m(2.9b)(4.9b)(5.0b)

Cash From Operating Activities

1.8b6.1b8.2b1.0b546.2m1.3b2.1b1.5b2.5b
BRLFY, 2017

EV/EBIT

6.1 x

EV/CFO

22.9 x

Revenue/Employee

6.2m

Debt/Equity

6.4 x

Debt/Assets

0.7 x

Financial Leverage

9.6 x

P/E Ratio

6.5
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Braskem Operating Metrics

Braskem's Enterprise Customers was reported to be 100 in FY, 2019.
FY, 2017FY, 2018FY, 2019

Enterprise Customers

100100100

Manufacturing Facilities

414141

Polyethylene Sales, tonnes

1.8 m1.79 m1.79 m

Polypropylene Sales, tonnes

1.16 m1.14 m1.14 m
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Braskem Acquisitions / Subsidiaries

Company NameDateDeal Size
Sunoco Chemicals, IncFebruary 01, 2010$350 m
QuattorJanuary 22, 2010
BM Insurance Company Limited
Braskem America Finance Company
Braskem America, Inc.
Braskem Argentina S.A.
Braskem Europe GmbH
Braskem Finance Limited
Braskem Idesa S.A.P.I.
Braskem Idesa Servicios S.A. de CV
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Braskem Revenue Breakdown

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Braskem revenue breakdown by business segment: 15.7% from USA and Europe , 33.0% from Polyolefins, 42.4% from Chemicals and 9.0% from Other

Braskem revenue breakdown by geographic segment: 18.0% from United States, 54.5% from Brazil and 27.5% from Other

Human Capital Metrics

Braskem's employees are reported to be approximately 23% female and 77% male.
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Braskem Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Braskem Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Braskem Online and Social Media Presence

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Braskem News and Updates

Braskem Launches Amazon E-Commerce Store to Make Polypropylene Filaments for 3D Printing Accessible to Consumers

PHILADELPHIA, Dec. 1, 2021 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Company"), the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, and Xenon arc partnered to launch...

Grace congratulates UNIPOL® PP Technology Licensee, Braskem, for first year of successful operation

COLUMBIA, Md., Nov. 04, 2021 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (Grace), the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, is pleased to announce that its UNIPOL® PP technology licensee, Braskem, has successfully completed one year…

Braskem Celebrates the 60th Anniversary of its Neal Production Facility

KENOVA, W.Va. and PHILADELPHIA, Oct. 25, 2021 /PRNewswire/ -- Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer producer of biopolymers on an industrial scale, announces today,...

Braskem Celebrates One Year Anniversary of Commercial Production at its Newest World Class Polypropylene Production Line in La Porte, Texas

PHILADELPHIA, Sept. 10, 2021 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Company"), the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, announces the celebration of...

Braskem Announces New Distribution Partnership with Nexeo Plastics

PHILADELPHIA, Aug. 18, 2021 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Company"), the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, announces today its...

Braskem Netherlands Finance B.V. and Braskem America Finance Company Announce Expiration and Results of Cash Tender Offers

SÃO PAULO, June 17, 2021 /PRNewswire/ -- Braskem Netherlands Finance B.V. ("Braskem Netherlands Finance") today announces the results of the offer to purchase for cash any and all of the outstanding 3.500% Notes due 2023 (the "2023 Notes") issued by Braskem Finance Netherlands (the "2023...
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Braskem Frequently Asked Questions

  • When was Braskem founded?

    Braskem was founded in 2002.

  • Who are Braskem key executives?

    Braskem's key executives are Roberto Lopes Pontes Simões, Pedro van Langendonck Teixeira de Freitas and Marcelo de Oliveira Cerqueira.

  • How many employees does Braskem have?

    Braskem has 7,940 employees.

  • What is Braskem revenue?

    Latest Braskem annual revenue is R$52.3 b.

  • What is Braskem revenue per employee?

    Latest Braskem revenue per employee is R$6.6 m.

  • Who are Braskem competitors?

    Competitors of Braskem include FUCHS PETROLUB, Borealis and LyondellBasell.

  • Where are Braskem offices?

    Braskem has offices in , Camaçari, Cubatão, Duque de Caxias and in 29 other locations.

  • How many offices does Braskem have?

    Braskem has 46 offices.