Notices and Material Facts

Braskem announces that Braskem Idesa has signed documents with Pemex and Cenagas


São Paulo, March 01, 2021 - Braskem S.A. ("Braskem" or "Company"), (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), complementing the Material Fact notice dated January 07, 2021, informs its shareholders and the market that Braskem Idesa ("BI"), a subsidiary owned and controlled by Braskem Netherlands B.V., has signed with PEMEX Transformación Industrial and PEMEX Exploración y Producción ("PEMEX") and the National Center for Control del Gas Natural ("CENAGAS"), agency responsible for the natural gas pipelines and transportation in the region, the following documents to enable BI continued operation:

(i) a memorandum of understanding ("MoU") with PEMEX setting out respective understandings for the discussion of potential amendments to the Ethane Supply Contract and for the development of an ethane import terminal, subject to negotiation, entering into definitive documentation, approvals of BI's shareholders and creditors and with reservations of rights; and 

(ii) an agreement for natural gas transport service with CENAGAS, with a term of 15 years, such term conditioned upon the execution of  the definitive documentation referenced in item (i) above.

With the execution of these documents by BI, BI immediately commenced to receive the service of natural gas transportation, which had been unilaterally terminated as disclosed in the Material Fact notice dated December 2, 2020.

The existing Ethane Supply Contact between BI and PEMEX has not been modified and remains in full force and effect. Neither Braskem nor Braskem Netherlands is a party to above referenced documents.

At the time, BI cannot predict the outcome of such discussions with PEMEX, its shareholders and creditors. The Company will keep the market informed of developments to the extent required by law.

For more information, contact Braskem's Investor Relations Department by calling +55 (11) 3576-9531 or sending an e-mail to



This Notice to the Market may contain forward-looking statements These statements are not historical facts, but are based on the current view and estimates of the Company's management regarding future economic and other circumstances, industry conditions, financial performance and results, including any potential or projected impact related to Braskem Idesa on the Company's business, financial condition and operating results. The words "forecasts," "believes," "estimates," "expects," "plans" and other similar expressions, when referring to the Company, are intended to identify forward-looking statements. Statements related to the possible outcome of legal and administrative proceedings, implementation of operational and financing strategies and investment plans, guidance about future operations, as well as factors or trends that affect the financial condition, liquidity or operating results of the Company are a few examples of forward-looking statements. These statements reflect the current views of the Company's management and are subject to diverse risks and uncertainties, many of which are beyond the control of the Company. There is no guarantee that said events, trends or expected results will actually occur. The statements are based on several assumptions and factors, including general economic and market conditions, industry conditions and operating factors. Any change in such assumptions or factors, including the projected impact related to Braskem Idesa on businesses, employees, service providers, shareholders, investors and other stakeholders of the Company can cause actual results to differ significantly from current expectations.  For a comprehensive description of the risks and other factors that could impact any forward-looking statements in this document, especially the factors discussed in the sections, see the reports filed with the Brazilian Securities and Exchange Commission (CVM).