Who owns Braskem?
NovonorBraskem / Parent organizationNovonor, previously Odebrecht S.A. is a Brazilian conglomerate, headquartered in Salvador, Bahia, Brazil, consisting of diversified businesses in the fields of engineering, construction, chemicals and petrochemicals. Wikipedia
What does the company Braskem do?
Braskem produces polyethylene (PE), polypropylene (PP) and polyvinyl chloride (PVC) resins, as well as basic petrochemicals such as ethylene, propylene, butadiene, chlorine, benzene, toluene, etc.
What kind of company is Braskem?
Brazilian petrochemical company
Braskem is a Brazilian petrochemical company headquartered in São Paulo. The company is the largest petrochemical company in Latin America and has become a major player in the international petrochemical market (8th largest resin producer worldwide).
What is Braskem material?
Braskem is the largest producer of thermoplastic resins in the Americas, the world’s leading biopolymers producer – manufacturing green polyethylene from sugarcane ethanol –, and the largest producer of polypropylene in the United States.
Who is going to buy Braskem?
Under the terms of the offer, J&F would acquire the 36% stake held in Braskem by state-run oil company Petrobras and the roughly 38% stake held by industrial conglomerate Novonor, formerly known as Odebrecht, the paper said.
Where is Braskem located?
UNITED STATES. With administrative headquarters located in Philadelphia, Pennsylvania, Braskem America has five polypropylene (PP) plants: three in Texas (La Porte, Oyster Creek and Seadrift), one in Pennsylvania (Marcus Hook) and one in West Virginia (Kenova).
Is Braskem state owned?
Petr61eo Brasileiro S.A. – Petro bras (“Petrobras”), Brazil’s state-controlled oil company, owned 36.1 % of the shares of BRASKEM. 5. Braskem Incorporated Limited (“Braskem Incorporated”) was a wholly- owned subsidiary of BRASKEM.