Braskem S.A. (BAK) is a petrochemical company operating in the materials sector, specializing in the production of thermoplastic resins and other petrochemical products used in industrial and consumer applications.
The company produces a wide range of chemical and plastic materials used across industries such as packaging, automotive, construction, consumer goods, and healthcare. Its portfolio includes polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and other chemical products derived from petrochemical processes.
Braskem’s operations include:
• Production of thermoplastic resins such as polyethylene and polypropylene.
• Petrochemical intermediates and basic chemical products.
• Development of renewable and bio-based plastics, including bio-based polyethylene.
• Industrial and chemical solutions used across manufacturing supply chains.
Braskem operates a large network of industrial plants and logistics infrastructure in the Americas and Europe. The company has production facilities in Brazil, the United States, Mexico, and Germany, supplying materials to customers in multiple global markets.
Performance in the petrochemical industry is influenced by factors such as crude oil and natural gas prices, demand for plastics and industrial materials, global manufacturing activity, and environmental regulations affecting chemical production.
Braskem S.A. shares are traded in the United States through American Depositary Receipts (ADRs) on the New York Stock Exchange (NYSE) under the ticker BAK.
History and Development
Braskem was founded in 2002 through the consolidation of several petrochemical assets in Brazil, creating the largest petrochemical company in Latin America.
The company was formed as part of an industrial restructuring that brought together petrochemical operations previously controlled by different groups, with the objective of building a vertically integrated chemical company.
Over the following years, Braskem expanded its production capacity and international presence through acquisitions and investments in new facilities, including operations in the United States and Mexico.
The company also developed initiatives in renewable materials, becoming a pioneer in the production of bio-based polyethylene derived from sugarcane ethanol.
Today, Braskem operates as one of the largest thermoplastic resin producers in the Americas, supplying raw materials to industries across multiple sectors.
Additional Information
Braskem SA Class A (United States) is listed on the Nasdaq and has a market capitalization of $1.35 Billion, with shareholders equity totaling $-3.02 Billions.
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Over the past 12 months, Braskem SA Class A reported $12.78 Billions in revenue, generating net income of $-1.82 Billion.
Key financial metrics include a P/E ratio of -0.74, a price-to-book (P/B) ratio of -0.45, and a trailing twelve-month dividend yield of 0.00%.
The company trades under the ticker BAK.