BRASKEM SA
BAK·NYSE·Industrial Applications And Services·CIK 0001071438
Braskem S.A. is a corporation organized under the laws of Brazil, with its registered office at Rua Eteno, 1561, Polo Petroquímico, Camaçari, Bahia, postal code 42810-000, Brazil, and its head office at Rua Lemos Monteiro, 120 - 24th floor, Butantã, São Paulo, SP, postal code 05501-050, Brazil. The company is the largest producer of plastics in the Americas, based on the annual production capacity of its plants, according to CMA. Braskem operates in the first and second generations of the petrochemical industry, with integrated operations in Brazil and Mexico. In the United States and Europe, its operations are directly supplied with raw material for the second generation by non-integrated suppliers. Through fossil, renewable, and recycled raw materials, Braskem offers a broad portfolio of chemicals and plastics. These materials are transformed by its customers in more than 70 countries into applications such as food packaging, household furniture, industrial and automotive components, paints and coatings, among others. Braskem is the global leader in PE I'm green bio-based production, according to CMA, benefiting from its industrial footprint in Brazil, which is one of the largest ethanol producers in the world. Braskem was created in August 2002 through the merger of Copene with five other companies, following Novonor's acquisition of a controlling interest in Copene in July 2001. Between 2006 and 2010, Braskem invested in consolidating the petrochemical industry in Brazil, including the consolidation of its Southern Complex between March 2007 and May 2009, and the acquisition of Quattor, announced in January 2010.