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Braskem S.A. (BAK)

11.70 Up 0.12(1.04%) 1:00PM EDT - Nasdaq Real Time Price
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Braskem S.A.
Rua Lemos Monteiro, 120
Edifício Odebrecht São Paulo
São Paulo, SP 05501-050
Brazil - Map

Index Membership:N/A
Sector:Basic Materials
Industry:Chemicals - Major Diversified
Full Time Employees:N/A

Business Summary 

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. Its Basic Petrochemicals segment offers olefins, such as ethylene, polymer and chemical grade propylene, butadiene, isoprene, and butene-1; BTX products comprising benzene, toluene, ortho-xylene, para-xylene, and mixed xylenes; fuels, including automotive gasoline and liquefied petroleum gas; intermediates, such as cumene; and other basic petrochemicals, which include ethyl tertiary butyl ether, solvent C9, and pyrolysis C9. This segment also supplies electric energy, steam, compressed air, and other products to second-generation producers. Its Polyolefins segment produces polyethylene, including LDPE, LLDPE, HDPE, ultra-high molecular weight polyethylene, and EVA; green polyethylene from renewable resources; and polypropylene. This segment’s products are used in plastic films for food and industrial packaging; bottles, shopping bags, and other consumer goods containers; automotive parts; and household appliances. Its Vinyls segment produces polyvinyl chloride, caustic soda, chlorine, hydrogen, caustic soda flake, and sodium hypochlorite. The company’s USA and Europe segment produces polypropylene in the United States and Germany. Its Chemical Distribution segment distributes solvents, including aliphatic, aromatic, synthetic, and ecologically-friendly solvents; engineering plastics; hydrocarbon solvents and isoparafins; and general purpose chemicals, such as process oils, chemical intermediates, blends, specialty chemicals, and pharmaceuticals. The company also imports and exports chemicals, petrochemicals, and fuels; produces, supplies, and sells utilities, such as water and industrial gases; and provides industrial services. The company was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. Braskem S.A. was founded in 1972 and is headquartered in São Paulo, Brazil. Braskem S.A. is a subsidiary of Odebrecht S.A.

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Key Executives 
Mr. Fernando Musa , 51
Chief Exec. Officer
Mr. Pedro van Langendonck Teixeira de Freitas , 40
Chief Financial & Investor Relations Officer and VP Exec. Officer
Mr. Gustavo Sampaio Valverde , 41
VP Exec. Officer and Gen. Counsel
Mr. Marcelo Arantes De Carvalho , 47
VP Exec. Officer of People, Organization and Procurement
Mr. Roberto Prisco Paraíso Ramos , 70
VP, Head of Internationalization Bus. Unit and Member of Fin. & Investments Committee
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.