Notices and Material Facts

Braskem informs that Braskem Idesa has signed documents with Pemex, Petróleos Mexicanos and other government entities



São Paulo, September 28, 2021 - Braskem S.A. ("Braskem" or "Company"), (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), continuing the Notice to the Market disclosed on March 1, 2021, hereby informs its shareholders and the market that on September 27, 2021, Braskem Idesa ("BI"), a subsidiary of Braskem Netherlands B.V., signed the following documents:

(i) Amendment to the ethane supply agreement ("Amendment") with PEMEX Transformación Industrial and PEMEX Exploración y Producción ("PEMEX") with settlement of previously existing contractual pending issues;

(ii) Agreement with Petróleos Mexicanos, PEMEX Logística and other government entities, establishing the support measures to the project to build an ethane import terminal with the capacity to meet all of BI's feedstock requirements ("Terminal Agreement").

The Amendment changes the minimum volume commitment to 30,000 barrels per day until the earliest of: (i) the operational startup of the ethane import terminal, scheduled for the second semester of 2024, or (ii) February 2025 (which could be extended if there are delays in obtaining licenses). The Amendment also gives BI the preemptive right to acquire all the ethane that PEMEX has available and has not consumed in its own production process until 2045, at international benchmark prices.

It is worth noting that the terminal project is designed to complement the ethane supply in Mexico and enables BI to operate at full capacity by accessing new feedstock sources.

To take effect, the Amendment and Terminal Agreement are subject to applicable corporate approvals, including final approval from the shareholders and creditors of BI. Additionally, investments in the terminal are subject to final approvals by the competent BI's governance bodies and its shareholders.

At the moment, BI cannot predict the outcome of discussions with its shareholders and creditors. The Company will keep the market informed of relevant developments, in accordance with applicable laws.


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 "foresee", "believe", "estimate", "expect", "plan" and other similar expressions, when referring to the Company, are used 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 on future operations, as well as factors or trends that affect the financial condition, liquidity or operating results of the Company are examples of forward-looking statements. Such 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 the events, trends or expected results will actually occur. The statements are based on various 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).