Braskem SA - Company Profile
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Business Description
Braskem SA (Braskem) is a global chemical and plastic manufacturing company. It offers polyethylene (PE), polyvinyl chloride (PVC) and polypropylene (PP) resins. It also provides petrochemicals such as propylene, ethylene, butadiene, benzene, toluene and chlorine, among others. The company operates through three reportable geography segments: Brazil; United States and Europe; and Mexico. It reports any other non-core business through other segment. In FY2023, the company's total capital expenditure was BRL4,530 million, which declined 6.6% YoY.
R&D Overview
Its research and development (R&D) activities focus on developing new products and processes. The company operates Innovation and Technology Center in Triunfo, Rio Grande do Sul, Brazil; Pittsburgh, Pennsylvania, the US; Wesseling, Germany; and Coatzacoalcos, Mexico. The company’s successful R&D efforts have led to various innovative products. Its few recent products and initiatives include intelligent feedstock flow (IFF) which is a digital tool for assessment of the quality of raw materials purchased by the company; the virtual on-line analyzer (VOA) helps in monitoring the quality of resins real-time; the data navigation tool provides weather forecast, real-time position of vessels and shipping related news; and venture building which helps in developing and operating new digital initiatives within the organization. During FY2023, the company inaugurated the Technology and Innovation Center, this represents 25% increase in the company’s research and development area on site. This also includes a dedicated structure for PVC and EVA, focusing on finding new applications for resins. In FY2023, it spent BRL383 million on R&D, which was 0.5% of its revenue.
Product Categories
- Benzene, Toluene and Xylene
- Butadiene
- Cumene
- ETBE/Gasoline
- Ethylene, Propylene
- Naphtha, Condensate and Crude Oil
- Other
- PE/PP
- PVC/Caustic Soda/EDC
- Solvents
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Geographical Segments
Overview
Produces and sells chemicals from the chemical complex located in Camacari, Triunfo, Capuava and Duque de Caxias. Also produces and distributes PE, including the production of bio-PE from sugarcane ethanol (via dehydration to bio-ethylene), and PE/bio-PE produced in Brazil. Also includes production and sale of PVC and caustic soda. Supplies electricity and other inputs produced in these complexes to second-generation producers located in the petrochemical complexes.
Performance
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Overview
Includes production and sale of ethylene, high-density polyethylene (HDPE) and low-density polyethylene (LDPE) in Mexico.
Performance
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Overview
Includes income (expenses) of Braskem that are not allocated to any particular segment.
Performance
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Overview
Includes production and sale of polypropylene in the US and Germany. Operates five polypropylene plants in the US and one Ultra High Molecular Weight Polyethylene UTEC plant in America and two polypropylene plants in Germany.
Performance
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