Braskem
- RevenueR$105.6 BFY, 2021
- Market CapitalizationR$27.3 B2022-08-01
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.
| Type | Public | |
| Founded | 1979 | |
| HQ | São Paulo, BR | Map |
| Website | braskem.com.br | |
| Employee Ratings |
Recent NewsAll News
- Ultra-High Molecular Weight Polyethylene Market 2019-2024: Featuring Key Players Braskem, Honeywell International, Quadrant Engineering & Others
- Braskem Reports Recurring EBITDA of US$920 million in 1Q22
- Braskem and Lummus partnership: the next chapter for Green Ethylene technology
- Lummus and Braskem Announce Partnership for Green Ethylene Technology
Key People/Management at Braskem
Roberto Lopes Pontes Simões
CEO, Board Member
Pedro van Langendonck Teixeira de Freitas
Chief Financial Officer and Investor Relation Officer
Marcelo de Oliveira Cerqueira
Executive Officer
Edison Terra Filho
Executive Officer
Marcelo Arantes de Carvalho
Executive Officer
Daniel Sales Corrêa
Executive Officer
Braskem Office Locations
Braskem has offices in São Paulo, Camaçari, Campinas, Cubatão and in 28 other locations
São Paulo, BR (HQ)
Odebrecht Building - R. Lemos Monteiro, 120 - 22º andar - Butantã
Camaçari, BR
Q 1 BA Rua Eteno , 1561 , Copec , Polo de Camaçari
Camaçari, BR
R. Eteno, 1582 - Camaçari
Camaçari, BR
Rua Benzeno , 2391 , COPEC , Polo de Camaçari
Camaçari, BR
Rua Hidrogênio , 3342 , COPEC , Polo de Camaçari
Camaçari, BR
Rua Hidrogênio , nº 3520 , COPEC , Polo de Camaçari
Braskem Financials and Metrics
Braskem Revenue
Braskem's revenue was reported to be R$105.63 b in FY, 2021
| BRL | |
|---|---|
Revenue (Q1, 2022) | 26.7b |
Gross profit (Q1, 2022) | 6.6b |
Gross profit margin (Q1, 2022), % | 24.8% |
Net income (Q1, 2022) | 3.9b |
EBITDA (Q1, 2022) | 3.8b |
EBIT (Q1, 2022) | 3.8b |
Market capitalization (1-Aug-2022) | 27.3b |
Closing stock price (1-Aug-2022) | 34.7 |
Cash (31-Mar-2022) | 10.1b |
EV | 58.8b |
Braskem's current market capitalization is R$27.3 b.
Annual
| BRL | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 58.0b | 52.3b | 58.5b | 105.6b |
Cost of goods sold | (39.0b) | (38.2b) | (38.4b) | (63.9b) |
Gross profit | 19.0b | 16.0b | 20.5b | 43.2b |
Gross profit Margin, % | 33% | 31% | 35% | 41% |
Quarterly
| BRL | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 13.0b | 13.3b | 13.4b | 12.6b | 11.2b | 16.0b | 22.7b | 26.4b | 28.3b | 26.7b |
Cost of goods sold | (9.2b) | (9.6b) | (9.7b) | (9.4b) | (7.5b) | (10.1b) | (14.2b) | (15.5b) | (18.5b) | (20.1b) |
Gross profit | 4.8b | 3.8b | 4.5b | 3.2b | 3.7b | 6.1b | 9.4b | 11.3b | 9.7b | 6.6b |
Gross profit Margin, % | 37% | 29% | 33% | 26% | 33% | 38% | 42% | 43% | 34% | 25% |
Annual
| BRL | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 5.5b | 6.8b | 13.9b | 8.7b |
Accounts Receivable | 3.1b | 2.3b | 4.7b | 7.1b |
Prepaid Expenses | 1.4b | 1.8b | 3.1b | 3.1b |
Inventories | 8.5b | 7.6b | 8.4b | 16.3b |
Quarterly
| BRL | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 6.1b | 5.8b | 5.7b | 10.1b | 15.0b | 12.3b | 12.5b | 9.8b | 12.0b | 10.1b |
Accounts Receivable | 3.1b | 2.6b | 2.8b | 2.8b | 3.0b | 3.6b | 6.8b | 8.0b | 7.9b | 7.2b |
Prepaid Expenses | 1.2b | 2.0b | 2.2b | 2.1b | 2.4b | 2.4b | 3.9b | 4.0b | 5.1b | 2.4b |
Inventories | 8.1b | 8.3b | 7.9b | 7.8b | 7.4b | 8.1b | 11.9b | 12.7b | 14.4b | 16.9b |
Annual
| BRL | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 3.7b | (4.8b) | (9.7b) | 18.0b |
Depreciation and Amortization | 3.0b | 3.6b | 4.0b | 4.2b |
Inventories | (1.5b) | 867.8m | (252.5m) | (7.6b) |
Accounts Payable | 1.3b | 282.4m | (3.0b) | 1.2b |
Quarterly
| BRL | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 1.2b | 1.1b | (357.5m) | (5.9b) | (9.3b) | (11.7b) | 3.3b | 13.3b | 16.7b | 5.0b |
Depreciation and Amortization | 861.7m | 1.7b | 2.6b | 973.5m | 1.9b | 3.0b | 931.6m | 1.9b | 2.8b | 1.0b |
Inventories | 364.6m | 157.4m | 713.5m | 288.9m | 900.0m | 316.2m | (3.3b) | (4.4b) | (5.8b) | (1.3b) |
Accounts Payable | (87.7m) | 965.3m | 19.2m | 77.1m | (4.9b) | (5.0b) | 2.5b | 1.3b | (23.8m) | 1.9b |
| BRL | FY, 2018 |
|---|---|
Revenue/Employee | 7.2m |
Debt/Equity | 6 x |
Debt/Assets | 0.6 x |
Financial Leverage | 10 x |
Braskem Operating Metrics
| FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | |
|---|---|---|---|---|
Chemical Products Sales Volume (Ethylene), tonnes | 523.6 k | 509.1 k | 464.1 k | 486.1 k |
Chemical Products Sales Volume (Propylene), tonnes | 360.4 k | 345.8 k | 341.9 k | 282.1 k |
Chemical Products Sales Volume (Cumene), tonnes | 199.8 k | 234.1 k | 219 k | 186.6 k |
Chemical Products Sales Volume (BTX Products), tonnes | 644.6 k | 743.8 k | 618.7 k | 676.6 k |
Braskem Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Sunoco Chemicals, Inc | February 01, 2010 | $350 m |
| Quattor | January 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 |
Braskem Revenue Breakdown
Braskem revenue breakdown by business segment: 100.0% from OTHER NONDISCLOSED
Braskem revenue breakdown by geographic segment: 52.9% from BRAZIL, 22.9% from UNITED STATES, 5.2% from MEXICO and 19.0% from Other
Human Capital Metrics
Braskem's employees are reported to be approximately 23% female and 77% male.
Braskem Cybersecurity Score
Braskem Environment, Social & Governance (ESG) Ratings
Braskem Online and Social Media Presence
4.97k Twitter followers
Braskem has 4.97k Twitter Followers. The number of followers has increased 0.2% quarter over quarter
Braskem's Trends
Braskem News and Updates
July 11, 2022
Ultra-High Molecular Weight Polyethylene Market 2019-2024: Featuring Key Players Braskem, Honeywell International, Quadrant Engineering & Others
Dublin, July 11, 2022 (GLOBE NEWSWIRE) -- The "Ultra-High Molecular Weight Polyethylene Market 2019-2024: Trends, Forecast, and Opportunity Analysis" report has been added to ResearchAndMarkets.com's offering. The future of the ultra-high molecular weight polyethylene (UHMWPE) market looks promisi…
May 12, 2022
Braskem Reports Recurring EBITDA of US$920 million in 1Q22
In May, Braskem distributed R$1.35 billion in additional dividends for fiscal year 2021 SÃO PAULO, May 12, 2022 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for 1Q22. 1Q22 HIGHLIGHTS CONSOLIDATED In 1Q22, the Company's...
April 28, 2022
Braskem and Lummus partnership: the next chapter for Green Ethylene technology
The partnership focuses on the global licensing of commercial green ethylene technology, which will accelerate the development of chemicals and plastics made from bioethanol, a renewable feedstock. ROTTERDAM, Netherlands, April 28, 2022 /PRNewswire/ -- Braskem S.A. (B3: BRKM3, BRKM5, and...
April 28, 2022
Lummus and Braskem Announce Partnership for Green Ethylene Technology
Partnership focuses on global licensing of commercial green ethylene technology, which will accelerate development of chemicals and plastics made from bioethanol, a renewable feedstock HOUSTON, April 28, 2022 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and...
April 07, 2022
Compact Membrane Systems and Braskem Start Up Optiperm™ Demonstration Plant
Optiperm™ is an innovative technology for olefin-paraffin separation, aimed at higher production yields, decreasing waste streams, lowering carbon emissions, and reducing energy usage PHILADELPHIA, April 7, 2022 /PRNewswire/ -- Compact Membrane Systems, Inc. (CMS), a pioneer in membrane...
March 25, 2022
Braskem and Sojitz Corporation join hands to bring renewable MEG technology to the market
The companies have created a joint venture, which will become the global leader in the bioMEG market. Once technology development is concluded, the project foresee the construction of three industrial plants in the first stage.
Braskem Frequently Asked Questions
When was Braskem founded?
Braskem was founded in 1979.
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 7,993 employees.
What is Braskem revenue?
Latest Braskem annual revenue is R$105.6 b.
What is Braskem revenue per employee?
Latest Braskem revenue per employee is R$13.2 m.
Who are Braskem competitors?
Competitors of Braskem include FUCHS PETROLUB, LyondellBasell and Chevron Phillips.
Where is Braskem headquarters?
Braskem headquarters is located at Odebrecht Building - R. Lemos Monteiro, 120 - 22º andar - Butantã, São Paulo.
Where are Braskem offices?
Braskem has offices in São Paulo, Camaçari, Campinas, Cubatão and in 28 other locations.
How many offices does Braskem have?
Braskem has 42 offices.
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