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.
Show more
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
Report incorrect company information

Braskem Office Locations

Braskem has offices in São Paulo and Philadelphia
São Paulo, BR (HQ)
120 R. Lemos Monteiro
Philadelphia, US
1735 Market St
Show all (2)
Report incorrect company information

Braskem Financials and Metrics

Braskem Financials

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.
Show all financial metrics
Report incorrect company information

Braskem News and Updates

Brazil's Braskem says Odebrecht denies acquisition proposal from LyondellBasell

SAO PAULO, May 24 (Reuters) - Brazilian construction firm Odebrecht SA on Thursday denied receiving a proposal from LyondellBaseel Industries NV to buy its controlling stake in Brazilian petrochemical company Braskem SA, Braskem said in a securities filing on Thursday.

LyondellBasel valued Braskem at $11.4 billion in offer - report

SAO PAULO, May 24 (Reuters) - LyondellBasell Industries has valued Brazilian petrochemical company Braskem SA at 41.5 billion reais ($11.4 billion) in an offer to Brazilian conglomerate Odebrecht SA months ago, newspaper Valor Econômico reported on Thursday.

Paraxylene Market Research Report, Analysis, Scope, Upcoming Trends, Outlook and Future Scenario Forecast Until 2023

Paraxylene Market has moderate CAGR forecast period 2017-2023, Paraxylene Market Categorizes the Global Market by Industry, Service, Application and Region | Paraxylene Industry Posted via Industry Today. Follow us on Twitter @IndustryToday

UPDATE 1-Brazil's Braskem to talk new naphtha contract with Petrobras- CEO

SAO PAULO, May 10 (Reuters) - Braskem SA will soon start to negotiate a long-term contract to buy naphtha from its shareholder Petroleo Brasileiro SA, the chief executive of the Brazilian petrochemical company said on Thursday.

Brazil's Braskem to talk new naphtha contract with Petrobras- CEO

SAO PAULO, May 10 (Reuters) - Braskem SA will soon start to negotiate a long-term contract to buy naphtha from its shareholder Petroleo Brasileiro SA, the chief executive of the Brazilian petrochemical company said on Thursday.

Brazil's Braskem reports first quarter profit slump

RIO DE JANEIRO, May 9 (Reuters) - Brazilian petrochemical producer Braskem posted a 42 percent drop in profit in the first quarter compared to the same period last year, flagging programmed maintenance, and an unreliable electricity supply.
Show more
Report incorrect company information