16 Facts About Braskem

Braskem is a Brazilian petrochemical company headquartered in Sao Paulo.

Braskem is the largest petrochemical company in Latin America and has become a major player in the international petrochemical market.

Braskem is the world's leading biopolymers producer with its 200,000 tons Green PE plant that produces polyethylene from sugarcane-based ethanol.

Braskem produces other chemical products such as benzene, butadiene, toluene, xylene and isoprene.

Braskem is Brazil's main producer of polyethylene, polypropylene and polyvinyl chloride – PVC, with 5.

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Braskem is the leader in the US polypropylene market, with 1.

Braskem was formed in 2002, already Latin America's leading petrochemical company, with industrial units and offices in Brazil, as well as commercial bases in the United States and Argentina.

Braskem was formed by the consolidation of six companies: Copene, OPP, Trikem, Nitrocarbono, Proppet and Polialden.

In 2006, Braskem acquired Politeno, the third largest polyethylene producer in Brazil.

Braskem joined Petrobras and Ultrapar the following year in the biggest merger in Brazilian history, when those three companies acquired Grupo Ipiranga for US$4 billion.

Braskem America is the leading producer of polypropylene in the United States, with five production plants located in Texas, Pennsylvania and West Virginia, and a Technology and Innovation Center in Pittsburgh.

Braskem Europe is headquartered in Frankfurt, Germany with two plants in Schkopau and Wesseling.

On January 22,2010, Braskem announced the acquisition of Quattor, in line with its strategy to strengthen the Brazilian petrochemical chain and become one of the five largest and most competitive petrochemical companies in the world.

On February 1,2010, Braskem announced the acquisition of the PP assets of Sunoco Chemicals, 4th largest polypropylene producer in the US The transaction represented an important step in Braskem's international expansion process, offering the combination of growth in the US market, with alternative sources of raw materials at competitive costs and access to major consumer markets.

On July 27,2011, Braskem announced the acquisition of the polypropylene business of Dow Chemical.

Braskem expanded its production of butadiene, a key input used by the rubber industry, at its plant located in the state of Rio Grande do Sul, which increased its annual production capacity of this product by 100 kton; in line with its strategy of adding value to the existing chains.