Braskem S.A. - ADR (BAKN)

Overview

Braskem S.A., founded in 1972 and headquartered in São Paulo, Brazil, is a leading company in the production and sale of thermoplastic resins. Initially named Copene Petroquímica do Nordeste S.A., the company underwent a name change to Braskem S.A. in 2002. As a subsidiary of Novonor S.A., Braskem has established a significant presence in the chemicals and petrochemicals sector, playing a vital role in the production of a wide array of products ranging from olefins and intermediates to polyethylene and specialty chemicals. Its expansive portfolio also extends to the provision of utilities and the manufacture of chemical precursors for various industrial processes, underscoring its diversified operations and comprehensive market reach.

Products and Services

• Olefins: Braskem produces olefins such as ethylene, polymer and chemical grade propylene, butadiene, and butene-1. These foundational chemicals are integral to the production of a wide array of plastic products and synthetic materials.
• Intermediates: The company offers intermediaries like cumene, paraxylene, ortho-xylene, among others, which serve as critical components in the production of various industrial chemicals and consumer products.
• Polyethylene (PE) and Polypropylene (PP): Braskem manufactures these thermoplastic resins widely used in packaging, automotive parts, textiles, and numerous other applications due to their versatile properties.
• Polyvinyl Chloride: Used in construction for pipes, doors, windows, and more, Braskem supplies this essential material recognized for its durability and versatility.
• Chemical Co-Products and Derivatives: This category includes hydrochloric acid, dichloroethane (EDC), sodium hypochlorite, and fuels like gasoline and boosters, highlighting Braskem's role in supplying key industrial and consumer chemicals.
• Solvents: Braskem produces solvents such as toluene and xylene, pivotal for applications in paints, coatings, and adhesives industries.
• Specialties: The company's specialty products line includes polyisobutene, hydrocarbon resin, isoprene, and more, catering to niche markets and specialized applications.
• Utilities Supply: Beyond chemicals and resins, Braskem also produces and supplies utilities like steam, water, compressed air, and industrial gases to second-generation producers, demonstrating its multifaceted operational approach.
• Caustic Soda: An essential chemical in paper and aluminum manufacturing, among others, Braskem stands as a producer and supplier of caustic soda.
• International Operations: In Mexico, the company is involved in the production and sale of ethylene, high-density polyethylene (HDPE), and low-density polyethylene (LDPE), underlining its international manufacturing footprint.
• Chemicals, Petrochemicals, and Fuels: With capabilities in manufacturing, selling, importing, and exporting a broad spectrum of chemicals, petrochemicals, and fuels, Braskem caters to a global market.