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Braskem S.A. (BAK)

NYSE - Nasdaq Real-time price. Currency in USD
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18.38+0.53 (+2.97%)
As of 10:32AM EDT. Market open.

Braskem S.A.

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

Sector(s)Basic Materials
IndustryChemicals
Full-time employees8,312

Key executives

NameTitlePayExercisedYear born
Mr. Roberto Lopes Pontes SimoesCEO & DirectorN/AN/A1957
Mr. Pedro van Langendonck Teixeira de FreitasCFO and Head of Procurement & Institutional RelationN/AN/A1975
Mr. Daniel Sales CorreaExec. Officer and Head of Investments & Digital TechnologiesN/AN/A1969
Mr. Everson BassinelloChief Compliance OfficerN/AN/AN/A
Ms. Cristiana LapaGen. Counsel & Corp. Governance OfficerN/AN/A1977
Mr. Marcelo Arantes De CarvalhoExec. Officer and Head of People, Communication, Marketing & Sustainable Devel.N/AN/A1968
André VieiraDirector of Corp. CommunicationN/AN/AN/A
Mr. Marcelo de Oliveira CerqueiraExec. Officer and Head of Brazil Manufacturing & Global Industrial OperationsN/AN/A1965
Mr. Roberto BischoffHead of CompetitivenessN/AN/AN/A
Mr. Mark NikolichHead of the Polyolefins North America UnitN/AN/AN/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 chemicals, including ethylene, polymer and chemical grade propylene, butadiene, 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 May 2022 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 4; Compensation: 4.

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.