Braskem

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
Founded1979
HQSão Paulo, BR
Websitebraskem.com.br
Employee Ratings4.4

Latest Updates

Employees (est.) (Dec 2020)7,993
Job Openings133
Revenue (FY, 2021)R$105.6 B(+81%)
Share Price (Aug 2022)R$34.7(-5%)
Cybersecurity ratingAMore
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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

Chief Financial Officer and Investor Relation Officer
Marcelo de Oliveira Cerqueira

Marcelo de Oliveira Cerqueira

Executive Officer
Edison Terra Filho

Edison Terra Filho

Executive Officer
Marcelo Arantes de Carvalho

Marcelo Arantes de Carvalho

Executive Officer
Daniel Sales Corrêa

Daniel Sales Corrêa

Executive Officer
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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
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Braskem Financials and Metrics

Braskem Revenue

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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
BRLFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

58.0b52.3b58.5b105.6b

Cost of goods sold

(39.0b)(38.2b)(38.4b)(63.9b)

Gross profit

19.0b16.0b20.5b43.2b

Gross profit Margin, %

33%31%35%41%
Quarterly
BRLQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

13.0b13.3b13.4b12.6b11.2b16.0b22.7b26.4b28.3b26.7b

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

4.8b3.8b4.5b3.2b3.7b6.1b9.4b11.3b9.7b6.6b

Gross profit Margin, %

37%29%33%26%33%38%42%43%34%25%
Annual
BRLFY, 2018FY, 2019FY, 2020FY, 2021

Cash

5.5b6.8b13.9b8.7b

Accounts Receivable

3.1b2.3b4.7b7.1b

Prepaid Expenses

1.4b1.8b3.1b3.1b

Inventories

8.5b7.6b8.4b16.3b
Quarterly
BRLQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

6.1b5.8b5.7b10.1b15.0b12.3b12.5b9.8b12.0b10.1b

Accounts Receivable

3.1b2.6b2.8b2.8b3.0b3.6b6.8b8.0b7.9b7.2b

Prepaid Expenses

1.2b2.0b2.2b2.1b2.4b2.4b3.9b4.0b5.1b2.4b

Inventories

8.1b8.3b7.9b7.8b7.4b8.1b11.9b12.7b14.4b16.9b
Annual
BRLFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

3.7b(4.8b)(9.7b)18.0b

Depreciation and Amortization

3.0b3.6b4.0b4.2b

Inventories

(1.5b)867.8m(252.5m)(7.6b)

Accounts Payable

1.3b282.4m(3.0b)1.2b
Quarterly
BRLQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

1.2b1.1b(357.5m)(5.9b)(9.3b)(11.7b)3.3b13.3b16.7b5.0b

Depreciation and Amortization

861.7m1.7b2.6b973.5m1.9b3.0b931.6m1.9b2.8b1.0b

Inventories

364.6m157.4m713.5m288.9m900.0m316.2m(3.3b)(4.4b)(5.8b)(1.3b)

Accounts Payable

(87.7m)965.3m19.2m77.1m(4.9b)(5.0b)2.5b1.3b(23.8m)1.9b
BRLFY, 2018

Revenue/Employee

7.2m

Debt/Equity

6 x

Debt/Assets

0.6 x

Financial Leverage

10 x
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Braskem Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Chemical Products Sales Volume (Ethylene), tonnes

523.6 k509.1 k464.1 k486.1 k

Chemical Products Sales Volume (Propylene), tonnes

360.4 k345.8 k341.9 k282.1 k

Chemical Products Sales Volume (Cumene), tonnes

199.8 k234.1 k219 k186.6 k

Chemical Products Sales Volume (BTX Products), tonnes

644.6 k743.8 k618.7 k676.6 k

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: 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.
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Braskem Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Braskem Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Braskem Online and Social Media Presence

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Braskem News and Updates

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…

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...

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...

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...

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...

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.
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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.