Braskem S.A.

BRKM5

BRBRKMACNPA4

Commodity Chemicals

Delayed Sao Paulo Other stock markets 10:50:01 2024-04-26 am EDT			5-day change	1st Jan Change
22.68 ^BRL	+0.67%		+1.75%	+3.80%

Apr. 16	Lummus and Braskem to Partner on Electrified Cracking Heater for Decarbonization	CI
Mar. 20	Braskem Q4 Net Loss Shrinks, Revenue Drops -- Shares Surge	MT

Braskem : Clarification Regarding News About Asset Sale

October 20, 2016 at 06:53 am EDT

NOTICE TO THE MARKET

São Paulo, October 20, 2016 - BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 e BRKM6; NYSE: BAK; LATIBEX: XBRK) hereby, given the news published by the press on the possible sale of quantiQ, clarifies to the market and to its shareholders that the company constantly reviews its investment portfolio but that, to date, there is no formal commitment, albeit preliminary, on the sale of the said asset.

Additional information may be obtained from the Investor Relations Department, through the phone number +55 11 3576-9531 or the email braskem-ri@braskem.com.br .

Braskem SA published this content on 19 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 October 2016 10:53:04 UTC.

Original documenthttp://www.braskem-ri.com.br/news-detail/clarification-regarding-news-about-asset-sale

Public permalinkhttp://www.publicnow.com/view/C2D2F58124AE96F09C95CAEF892781C1D07E2522

Latest news about Braskem S.A.

Lummus and Braskem to Partner on Electrified Cracking Heater for Decarbonization	Apr. 16	CI
Braskem Q4 Net Loss Shrinks, Revenue Drops -- Shares Surge	Mar. 20	MT
Transcript : Braskem S.A., Q4 2023 Earnings Call, Mar 19, 2024	Mar. 19
Braskem S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 19	CI
Braskem S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 19	CI
Shell Unit Supplies Brazil's Braskem with Sustainable Propylene Feedstock	Mar. 15	MT
Shell: supplies Braskem with bio-circular materials	Mar. 15	CF
Shell, Braskem Collaborate on Bio-Circular Propylene Feedstocks	Mar. 14	MT
S&P cuts Brazil's petrochemical firm Braskem to junk	Feb. 26	RE
Braskem Unit Partners With Shell Chemicals Europe to Produce Circular Polypropylene	Jan. 17	MT
Braskem Says Alagoas Plant Members Face Probe by Brazil's Federal Police	Dec. 21	MT
Brazil police launch raids over Braskem's sinking ground havoc	Dec. 21	RE
Brazil's Petrobras could increase stake in Braskem to facilitate sale -source	Dec. 19	RE
Brazil's Braskem bond back to downward path after Fitch cuts rating to junk	Dec. 15	RE
Braskem's Rating Cut by Fitch on Perceived Increase in ESG Risks	Dec. 15	MT
Brazil senators to probe petrochemical Braskem's sinking ground havoc	Dec. 13	RE
Braskem Confirms $14.6 Million Fine Over Mine Collapse in Brazil	Dec. 08	MT
Braskem S.A.(BOVESPA:BRKM5) dropped from Brazil Corporate Sustainability Index	Dec. 08	CI
City hall in Brazil's Maceio requests new damages deal with Braskem	Dec. 06	RE
Brazil's Braskem sued over sinking ground from Alagoas mines	Nov. 30	RE
Braskem Trading Halted for News Pending	Nov. 30	MT
Brazil's Braskem expects petrochemical sector recovery to start in 2024	Nov. 28	RE
Transcript : Braskem S.A. - Analyst/Investor Day	Nov. 28
Sector Update: Energy Stocks Rise Late Afternoon	Nov. 20	MT
Sector Update: Energy	Nov. 20	MT

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Company Profile

Braskem SA is a Brazil-based integrated petrochemical company for the first and second generation of thermoplastic resins. The Company's activities are divided into three operational segments: Brazil; the United States and Europe; and Mexico. The Brazil segment is focused on the production of polyethylene (PE), polypropylene (PP) and polyvinylchloride (PVC) resins, in addition to basic chemical inputs such as ethylene, propylene, butadiene, benzene, toluene, chlorine, soda, and solvents, among others. The United States and Europe segment is responsible for the production of polypropylene in units in the United States and Germany. The Mexico segment consists of the operation of ethylene cracker and polyethylene units located in Mexico.

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Commodity Chemicals

Calendar

2024-04-28 - Annual General Meeting

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BRAZIL IBOVESPA

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C+

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OUTPERFORM

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22.39 BRL

Average target price

29.5 BRL

Spread / Average Target

+31.76%

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Braskem S.A.

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BRKM5

BRBRKMACNPA4

Commodity Chemicals

Braskem : Clarification Regarding News About Asset Sale

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