Notices and Material Facts

Braskem announces the return of chlor-alkali production in Alagoas

BRASKEM S.A.
Corporate Taxpayer ID (CNPJ): 42.150.391/0001-70 
Company Registry (NIRE): 29.300.006.939
Publicly-Held Company

MATERIAL FACT

Braskem S.A. ("Braskem" or "Company"), in compliance with CVM Instruction 358/02 and complementing the Material Fact notice dated May 9, 2019, informs its shareholders and the market that, after concluding the commissioning process in accordance with applicable safety standards, it has started production of chlor-alkali and dichloroethane at its unit located in the Pontal da Barra district of Maceió, Alagoas ("Chlor-Alkali Plant"), which had been idled since May 2019.

To restart the Chlor-Alkali Plant, the Company concluded the project to produce brine as raw material through the acquisition of imported salt, which enables the Company to produce PVC and caustic soda on an integrated basis.

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

São Paulo, February 4, 2021.
Pedro van Langendonck Teixeira de Freitas
Chief Financial and Investor Relations Officer
Braskem S.A.

 

DISCLAIMER ABOUT FORWARD-LOOKING STATEMENTS

This Material Fact 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 of the geological event in Alagoas and related legal proceedings, as well as of COVID-19 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 of the geological event in Alagoas and related legal procedures and the unprecedented impact of the COVID-19 pandemic 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).