Braskem announces 4Q13 and FY2013 Results

                  Braskem announces 4Q13 and FY2013 Results    PR Newswire    SAO PAULO, Feb. 13, 2014  SAO PAULO, Feb. 13, 2014 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for 4Q13 and FY2013.  HIGHLIGHTS:    *In 2013, Braskem's resin sales totaled 3.7 million tons, with market share     of 68%.   *The average cracker capacity utilization rate was 90%.   *PP sales volume at Braskem America grew by 7% in 4Q13 and 3% in 2013,     affected by the production growth, the highest since 2011.   *Consolidated EBITDA in the last quarter of the year was R$1,175 million.     In U.S. dollar, EBITDA was US$521 million, growing approximately 20% from     4Q12 recurring EBITDA.   *In 2013, Braskem recorded EBITDA of R$4,813 million. In U.S. dollar,     EBITDA was US$2,217 million, increasing by 11% from 2012.   *The construction of the Mexico project continued to advance, with the     complex's physical completion reaching 58%. In November, the subsidiary     Braskem-Idesa withdrew the second installment of the project finance in     the amount of US$547 million. In 2013, withdrawals amounted to US$2,031     million.   *Braskem announced the expansion of one of its polyethylene production     lines and the signing of a memorandum of understanding (MOU) with     Styrolution for the production of styrenics specialties.   *Braskem announced that it entered into an agreement with Solvay for the     acquisition of the controlling interest in Solvay Indupa, which has 4     plants producing PVC and caustic soda in Brazil and Argentina. With the     acquisition, which is still subject to approval by the countries'     regulatory agencies, Braskem:         *expands by 42% its PVC production in the Brazilian market and          increases its capacity in the region to 1,250 kton, making it the          fourth largest PVC producer in the Americas;        *expands its caustic soda capacity by over 60% to 890 kton.    *Braskem posted net income for the year of R$507 million and the Management     proposal is for a distribution of dividends in the amount of R$483     million.   *Braskem's leverage in U.S. dollar stood at 2.87x, down 12% from 2012.  The full earnings release is available on the Company's IR website: www.braskem.com.br/ir  Braskem will host conference calls to discuss its Results on Friday , February 14, 2014, at 9:00 a.m. ET in English and 7:00 a.m. ET in Portuguese. See connecting details on the Company's IR website.  For further information, contact Braskem's Investor Relations Area: braskem-ri@braskem.com.br , (+55 11) 3576-9531.  Website: http://www.braskem.com.br/ir