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Blue Chip Growth

Stock Report: Braskem S.A. Sponsored ADR Pfd Class A (BAK) Report Updated: Dec 07, 2016 | Print This Page

Braskem S.A. Sponsored ADR Pfd Class A© quotemedia

Company Profile

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, UHMWPE, and EVA; green polyethylene from renewable resources; and polypropylene (PP). This segment’s products are used in various applications, such as 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 PP in the United States and Germany. Its Chemical Distribution segment distributes solvents, including aliphatic, aromatic, synthetic, and ecologically-friendly solvents; engineering plastics; hydro carbonic solvents and isoparafins; and general purpose chemicals, such as process oils, chemical intermediates, blends, specialty chemicals, pharmaceuticals, and santoprene. It also imports and exports chemicals, petrochemicals, and fuels; produces, supplies, and sells utilities, such as water and industrial gases; and provides industrial services. It was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. It was founded in 1972 and is headquartered in Camacari, Brazil. Braskem S.A. operates as a subsidiary of Odebrecht S.A.