Braskem S.A. (BAK)

8.76 +0.11 (+1.27%) At close: 04:00PM EDT

Braskem S.A.

120, Rua Lemos Monteiro
24th floor ButantA
São Paulo, SP 05501-050
Brazil
55 11 3576 9000
https://www.braskem.com.br

Sector(s): Basic Materials
Industry: Chemicals
Full-time employees: 8,569

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Roberto Bischoff	Chief Executive Officer	N/A	N/A	1956
Mr. Pedro van Langendonck Teixeira de Freitas	CFO and Head of Procurement & Institutional Relation	N/A	N/A	1975
Mr. João Henrique Rittershaussen	Executive Officer and Head of Investments & Digital Technologies	N/A	N/A	1964
Mr. Everson Bassinello	Chief Compliance Officer	N/A	N/A	N/A
Ms. Cristiana Lapa	General Counsel & Corporate Governance Officer	N/A	N/A	1977
Mr. Marcelo Arantes De Carvalho	Executive Officer and Head of People, Communication, Marketing & Sustainable Development	N/A	N/A	1968
Mr. Marcelo de Oliveira Cerqueira	Executive Officer and Head of Brazil Manufacturing & Global Industrial Operations	N/A	N/A	1965
Mr. Edison Terra Filho	Executive Officer and Head of the Olefins & Polyolefins South America	N/A	N/A	1972
Dr. Daniel P. MacEachran	Head of Metabolic Engineering	N/A	N/A	N/A
Pedro Teixeira de Carvalho	Investor Relations and Corporate Finance Director	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company operates through three segments: Brazil, United States and Europe, and Mexico. The Brazil segment produces and sells olefins, including ethylene, polymer and chemical grade propylene, butadiene, and butene-1; benzene, toluene, and xylenes products; fuels, such as automotive gasoline, liquefied petroleum gas, ethyl tertiary-butyl ether, and methyl tertiary-butyl ether; intermediates, such as cumene; aliphatics, aromatics, and hydrogenated solvents; and specialties comprising isoprene, dicyclopentadiene, piperylene, nonene, tetramer, polyisobutylene, and hydrocarbon resins. This segment also produces and sells polyethylene (PE) and polypropylene (PP); supplies electricity and other inputs to second-generation producers; produces and sells of PE, including the production of green PE from renewable resources; and produces and sells polyvinyl chloride and caustic soda. The United States and Europe segment produces and sells PP in the United States and Germany. The Mexico segment produces and sells ethylene, high-density PE, and low-density PE in Mexico. It also manufactures, sells, imports, and exports chemicals, petrochemicals, and fules; produces, supplies, and sells utilities, such as steam, water, compressed air, 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 Camaçari, Brazil.

Corporate governance

Braskem S.A.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.