Braskem

Braskem S.A

Type	Sociedade Anônima
Traded as	BM&F Bovespa: BRKM3, BRKM5 BMAD: XBRK : BAK
Industry	Chemicals
Founded	2002
Headquarters	São Paulo, Brazil
Area served	Brazil
Key people	Fernando Musa, (CEO)
Products	Petrochemical, chemicals and resins
Revenue	US$ 22,5 billion (2014)
Net income	US$ 308 million (2014)
Number of employees	8,126
Parent	Odebrecht Petrobras
Website	www.braskem.com.br

Braskem is a Brazilian petrochemical company headquartered in São Paulo. The company is the largest petrochemical company in Latin America and has become a major player in the international petrochemical market (8th largest resin producer worldwide).

Braskem is the Americas’ top thermoplastic resins producer. With 36 industrial plants spread across Brazil, United States and Germany, the company produces over 16 million tons of thermoplastic resins and other petrochemicals per year. Braskem is the world’s leading biopolymers producer with its 200,000 tons Green PE plant that produces polyethylene from sugarcane-based ethanol.

Braskem controls the three largest petrochemical complexes in Brazil, located in the cities of Camaçari (Bahia), Mauá (São Paulo) and Triunfo (Rio Grande do Sul). Besides these three petrochemical complexes, Braskem also controls a complex in Duque de Caxias (Rio de Janeiro) which is based on gas rather than naphtha. Its basic petrochemical units account for the supply of ethylene and propylene to the company's nearby polymer units. The company also produces other chemical products such as benzene, butadiene, toluene, xylene and isoprene. These compounds are mostly sold to other chemical companies based within the complexes, such as Innova, Elekeiroz and Dow Chemical.

Although its main feedstock is naphtha, the company Braskem's Green Ethylene plant was inaugurated in September, 2010. This green ethylene plant is an important step forward in the strategy of becoming a global leader in sustainable chemicals. The plant is the largest industrial-scale operation in the world producing ethylene made from 100% renewable raw materials, i.e., sugar-cane. The project was conceived and installed in less than two years based on Braskem’s proprietary technology.