What kind of company is Braskem?
Brazilian petrochemical company
Braskem is a Brazilian petrochemical company headquartered in São Paulo. The company is the largest petrochemical company in Latin America and has become a major player in the international petrochemical market (8th largest resin producer worldwide)….Braskem.
| Type | Sociedade Anônima |
|---|---|
| Website | braskem.com |
What does Braskem do?
Braskem operates in the chemical and petrochemical industry and plays a significant role in other production chains that are essential to economic development. In this context, chemicals and plastics help create sustainable solutions that improve people’s lives in areas such as housing, food and transportation.
Where is Braskem located?
Philadelphia, Pennsylvania
With administrative headquarters located in Philadelphia, Pennsylvania, Braskem America has five polypropylene (PP) plants.
How big is Braskem?
Braskem’s current market capitalization is R$39.6 b.
Who is going to buy Braskem?
SAO PAULO, Aug 5 (Reuters) – Brazilian state-run oil firm Petroleo Brasileiro SA (PETR4.SA) said on Thursday it has hired JPMorgan Chase & Co (JPM. N) as adviser to sell its stake in petrochemical company Braskem SA (BRKM5.SA), confirming an earlier Reuters report.
Who is the CEO of Braskem?
Roberto Simões (Jan 1, 2020–)
Braskem/CEO
When was Braskem founded?
August 16, 2002, São Paulo, State of São Paulo, Brazil
Braskem/Founded
How did Braskem become the largest petrochemical company in Brazil?
In 2008 the company consolidated its assets in southeastern Brazil in the Quattor Participações holding and in 2010 the company was sold to Braskem and Petrobras. Thus, Braskem became the largest petrochemical company in Latin America.
What does Braskem do in Rio de Janeiro?
Besides these three petrochemical complexes, Braskem also controls a complex in Duque de Caxias, Rio de Janeiro, which is based on gas rather than naphtha. Its basic petrochemical units account for the supply of ethylene and propylene to the company’s nearby polymer units.
What is the difference between Braskem America and braskems?
Braskem America. Headquartered in Philadelphia, Braskem America is a wholly owned subsidiary of Braskem S.A. Braskem Europe is headquartered in Frankfurt, Germany with two plants in Schkopau and Wesseling. Braskem Europe is a wholly owned subsidiary of Braskem S.A.
What is the role of Braskem in the plastics industry?
Braskem is the only integrated first- and second-generation petrochemical producer of thermoplastic resins in Brazil. This position translates into competitive advantages, such as production scale and operating efficiency. In the U.S. and Europe, Braskem produces second generation material.