Created in August 2002 by the merger of six companies from the Odebrecht Group and the Mariani Group, today Braskem is the largest petrochemical company in the Americas and the world's leading biopolymer producer. Braskem produces polyethylene (PE), polypropylene (PP) and polyvinyl chloride (PVC) resins, as well as basic petrochemicals such as ethylene, propylene, butadiene, chlorine, benzene, toluene, etc. Braskem operates in the chemical and petrochemical industry and plays a significant role in other production chains that are essential to economic development. In this context, chemicals and plastics help create sustainable solutions that improve people's lives in areas such as housing, food and transportation. Braskem is the only integrated first- and second-generation petrochemical producer of thermoplastic resins in Brazil. This position translates into competitive advantages, such as production scale and operating efficiency. In the U.S. and Europe, Braskem produces second generation material. First-generation producers make basic petrochemicals, such as ethylene and propylene, using naphtha, natural gas and ethane as feedstock. These compounds are essential to the second generation, which involves the production of thermoplastic resins (PE, PP and PVC), which are then used by third-generation producers, i.e., plastics converters.
Company Growth (employees)
Type
Public
HQ
São Paulo, BR
Founded
2002
Size (employees)
8,126 (est)
Braskem was founded in 2002 and is headquartered in São Paulo, BR

Braskem Office Locations

Braskem has offices in São Paulo and Philadelphia
São Paulo, BR (HQ)
120 R. Lemos Monteiro
Philadelphia, US
1735 Market St

Braskem Data and Metrics

Braskem Financial Metrics

BRL

Market capitalization (21-Mar-2017)

24.9 b

Closing share price (21-Mar-2017)

31.8
Braskem's current market capitalization is R$24.9 b.

Braskem Market Value History

Traffic Overview of Braskem

Braskem Online and Social Media Presence

Braskem News and Updates

2 Brazilian Companies Are Said to Be Settling Bribery Case

Odebrecht and Braskem S.A., which were under investigation both in the United States and abroad, could pay a total of $3 billion, with the bulk expected to go to Brazil.

Brazil's Odebrecht places Braskem stake as collateral for lenders

SAO PAULO, July 19 (Reuters) - Braskem SA, Latin America's biggest petrochemical firm, said on Tuesday that controlling shareholder Odebrecht Serviços e Participações SA has placed its entire stake as collateral for loan contracts with creditors.

Braskem Company Life and Culture

You may also be interested in