Braskem S.A.

BRKM5

BRBRKMACNPA4

Commodity Chemicals

Market Closed - Sao Paulo Other stock markets 04:07:00 2024-04-25 pm EDT			5-day change	1st Jan Change
22.39 ^BRL	-0.62%		-0.09%	+2.42%

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 Cetrel

October 21, 2016 at 06:58 pm EDT

NOTICE TO THE MARKET

São Paulo, October 21, 2016 - Braskem S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), given the news published by the press on the acquisition of Cetrel S.A., hereby clarifies to the market and to its shareholders that, to date, there is no formal commitment on the acquisition of the said asset.

Braskem will keep its shareholders and the market informed of any material development on this matter.

For additional information, please contact our Investor Relations Department by calling +55 11 3576-9531 or sending an email to braskem-ri@braskem.com.br.

Braskem SA published this content on 21 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 October 2016 22:58:05 UTC.

Original documenthttp://www.braskem-ri.com.br/detail-notices-and-material-facts/clarification-regarding-news-about-cetrel

Public permalinkhttp://www.publicnow.com/view/00F1003E981CC000580E6F347BA18AEC2D8032C3

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

Chart Braskem S.A.

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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

Related indices

BRAZIL IBOVESPA

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Ratings for Braskem S.A.

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ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

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 Cetrel

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