Braskem announces 4Q12 and 2012 Results

                   Braskem announces 4Q12 and 2012 Results

  PR Newswire

  SAO PAULO, Feb. 7, 2013

SAO PAULO, Feb. 7, 2013 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3,
BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for
4Q12 and 2012.


  *Braskem's sales in 2012 were up 10%, while its market share reached 70%, a
    5 p.p. expansion on 2011.
  *Crackers capacity utilization rate in 4Q12 stood at 82%, reflecting the
    weaker global demand and the unscheduled shutdowns due to problems related
    to the electricity supply. In 2012, the capacity utilization rate was 89%,
    reflecting the improved operational performance at crackers compared to
    2011 (83%).
  *EBITDA in 4Q12 was R$1,399 million or US$677 million, positively affected
    by the R$516 million gain from the divestment of non-core assets. In 2012,
    EBITDA was R$3,958 million, growing 6% from 2011.
  *In 2012, Braskem started operations at its new PVC plant and butadiene
    capacity expansion project.
  *In December 2012, the US$3.2 billion financing structure for the
    integrated petrochemical complex in Mexico to produce polyethylene was
    concluded with the support of a multinational pool of seven banks and
    credit agencies.
  *In the year, Braskem concluded the second phase of engineering for the
    Comperj project. Work on the basic engineering projects for the industrial
    units is expected to begin in 2013.
  *In December 2012, Braskem divested non-core assets in Brazil and United
    States in the aggregate amount of R$822 million, which led to the
    recognition of a gain of R$516 million in last quarter.
  *The Company obtained a US$200 million loan due in November 2022 from
    Nippon Export and Investment Insurance ("NEXI"). The loan will be
    disbursed in 1Q13 and the semiannual interest payments are composed of
    currency variation, Libor + 1.1% p.a.

The full earnings release is available on the Company's IR website:

Braskem will host conference calls to discuss its Results TODAY , February 7,
2013, at 11:30 a.m. ET in English and 10:00 a.m. ET in Portuguese. See
connecting details on the Company's IR website.

For further information, contact Braskem's Investor Relations Area:

Guilherme Melega, +55-(11)-3576-9531, Roberta
Pimphari Varella, +55-(11)-3576-9266, Susana
Yamamoto, +55-(11)-3576-9970, Daniela Balle de
Castro, +55-(11)-3576-9615, Pedro Gomes de Souza,

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