Braskem (NYSE:BAK) is a leading petrochemical company headquartered in São Paulo, Brazil, and is recognized as the largest producer of thermoplastic resins in the Americas. The company’s core business involves the production of basic petrochemicals, such as ethylene, propylene and benzene, as well as a wide range of polyolefins, including polypropylene and polyethylene. These products serve a variety of end markets, from automotive and packaging to construction and consumer goods, making Braskem a key supplier in the global chemicals supply chain.
Founded in 2002 through the merger of several Brazilian petrochemical assets, including operations spun off from Petrobras, Braskem has since pursued strategic expansion and vertical integration. Over the years, the company has invested in world-scale plants and downstream processing facilities to enhance its product portfolio and improve production efficiencies. This growth trajectory has been supported by partnerships and joint ventures that have broadened Braskem’s technological capabilities, particularly in advanced polymer research and development.
Braskem operates a diversified manufacturing footprint spanning Brazil, the United States, Germany, Mexico and other regions in Europe and Asia. The company’s global network includes not only production sites but also technical centers and customer support hubs, ensuring responsiveness to local market needs and compliance with regional regulatory standards. Braskem’s distribution channels are complemented by logistics solutions designed to optimize supply reliability and reduce delivery lead times for its industrial and commercial clients.
Governed by a board of directors and managed by an experienced executive leadership team, Braskem places strong emphasis on sustainability, safety and innovation. The company has implemented initiatives to reduce greenhouse gas emissions, increase recycling of plastic waste and develop bio-based polymers. Under its current leadership, Braskem continues to focus on operational excellence, strategic partnerships and the development of differentiated products aimed at addressing the evolving demands of global manufacturing and consumer markets.
