Braskem SA ADR Dossier
Qualitative Analysis
Business overview
Braskem S.A. is a leading global petrochemical company and the largest producer of thermoplastic resins in the Americas. Headquartered in Brazil, the company operates industrial units across Brazil, the United States, Mexico, and Germany, exporting its products to customers in over 70 countries. Braskem's comprehensive portfolio includes plastic resins (polyethylene, polypropylene, and polyvinyl chloride) and basic chemical inputs. The company is also a pioneer in sustainable chemistry, notably through its 'I'm green' bio-based polyethylene produced from sugarcane ethanol.
Research as of 19 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
A comprehensive resilience and transformation plan focused on optimizing naphtha-based units, expanding gas-based operations, and accelerating investments in bio-based technologies.
Expected impact: Aims to transition the feedstock matrix toward a 60/40 naphtha to gas/ethanol split, reducing costs, emissions, and improving long-term competitiveness.
The launch of next-generation LR1 chemical and product oil tankers, starting with the maiden voyage of 'Blooming Future', designed with biofuel-ready engines.
Expected impact: Reduces CO2 emissions by approximately 30% compared to average vessels in operation, saving around 6,500 tonnes of CO2 per year per vessel.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Strategic Partnerships
Secures a reliable and flexible supply of naphtha, ethane, propane, propylene, and hydrogen to support Braskem's industrial complexes and planned expansions.
Terms: Valued at approximately $17.8 billion in total, including an $11.3 billion naphtha supply contract and a $5.6 billion NGL contract.
Collaborative effort to convert captured carbon dioxide into long-lasting products, supporting Braskem's circular economy and green transition goals.
Terms: Undisclosed