Braskem
#4762
Rank
$1.56B
Marketcap
Brazil
Country
Mr. Roberto Lopes Pontes Simoes (CEO & Director)
Mr. Pedro van Langendonck Teixeira de Freitas (CFO and Head of Procurement & Institutional Relation)
Mr. Daniel Sales Correa (Exec. Officer and Head of Investments & Digital Technologies)
Summary
History
Braskem was formed in 2002, already Latin America's leading petrochemical company, with industrial units and offices in Brazil, as well as commercial bases in the United States and Argentina. The company was formed by the consolidation of six companies: Copene, OPP, Trikem, Nitrocarbono, Proppet and Polialden. In 2006, Braskem acquired Politeno, the third largest polyethylene producer in Brazil. The company joined Petrobras and Ultrapar the following year in the biggest merger in Brazilian history, when those three companies acquired Grupo Ipiranga for US$4 billion. While Petrobras and Ultrapar shared the fuel distribution operations, Braskem took over Ipiranga Petroquímica, Ipiranga's former petrochemical operation.
In 2016, Braskem was fined $957 million over a bribery scandal.
Mission
Vision
Key Team
Ms. Cristiana Lapa (Gen. Counsel & Corp. Governance Officer)
Mr. Everson Bassinello (Chief Compliance Officer)
Mr. Marcelo Arantes De Carvalho (Exec. Officer and Head of People, Communication, Marketing & Sustainable Devel.)
André Vieira (Director of Corp. Communication)
Mr. Roberto Bischoff (Head of Competitiveness)
Mr. Mark Nikolich (Head of the Polyolefins North America Unit)
Mr. Marcelo de Oliveira Cerqueira (Exec. Officer and Head of Brazil Manufacturing & Global Industrial Operations)
Recognition and Awards
References
Mr. Roberto Lopes Pontes Simoes (CEO & Director)
Mr. Pedro van Langendonck Teixeira de Freitas (CFO and Head of Procurement & Institutional Relation)
Mr. Daniel Sales Correa (Exec. Officer and Head of Investments & Digital Technologies)