1.

Production Flowcharts

Brazil

United States and Europe

Mexico
 2. Capacity
1st Generation 2nd Generation
Location Product Capacity (Kt) Location Product Capacity (Kt)
Bahia Ethylene (naphtha based with 15% gas-flexible) 1280 Bahia HDPE/LLDPE 480
Propylene 550 HDPE/UHMW 160
Butadiene 180 LDPE 160
Benzene 427 PVC 250
Toluene 42 Caustic Soda 79
Orthoxylene 62 Chlorine 64
Paraxylene 203
Mixed xylene 50 Rio Grande do Sul HDPE/LLDPE (includes 200kt of Green Polyethylene) 550
Butene 1 36 LDPE 375
ETBE 195 HDPE/LDPE/MDPE 300
Isoprene 26 PP 740
Fuel 450
São Paulo PP (350 kton refinery propylene based*) 800
Rio Grande do Sul Ethylene (naphtha based) 1252 LDPE 260
Green Ethylene 200 HDPE 230
Propylene 660
Butadiene 209 Alagoas PVC 460
Benzene 287 Caustic Soda 460
Toluene 93 Chlorine 400
Mixed xylene 79 EDC 520
Butene 1 60
ETBE 179 Rio de Janeiro HDPE/LLDPE 540
Fuel 270 PP (100 kton refinery propylene based*) 310

Rio de Janeiro Ethylene (gas based) 520 United States

Propylene 75
Fuel 19 Pennsylvania PP (propylene based*) 414
West Virginia PP (propylene based*) 240
São Paulo Ethylene (130 kton gas based and 570 kton naphtha based) 700 Texas (La Porte) PP (propylene based*) 354
Propylene 300 Texas (OC / Freeport, ex-Dow) PP (naphtha based) 336
Benzene 255 Texas (Seadriftt, ex-Dow) PP (naphtha based) 227
Butadiene 91
Isobutylene 20 Germany
Toluene 60
Fuel 150 Wesseling PP (naphtha based) 260
Alkylbenzene 20 Schkopau PP (naphtha based) 365
Mixed Xylene 50
Orthoxylene 50 Mexico
LPG 60
Fuel oil 25 Nanchital HDPE (gas based) (2 unidades) 750
Aromatic residue 120 Nanchital LDPE (gas based) 300
Crude oil resins 15
Cumene 320 *Refinery propylene is considered Gas in the COGS breakdown
Nonene / Tetramer 28
 3. Production
Tons

Polyolefins
PE´s
Utilization rate
PP
Utilization rate

Vinyls
PVC
Utilization rate
Caustic Soda

Chemicals
Ethylene
Utilization rate
Propylene
High purity Propane
Butadiene
Paraxylene
Benzene
Toluene
Ortoxylene
Isoprene
Butene1
4. Sales Volume
BRAZILIAN MARKET

Tons

Polyolefins
PE´s
PP
Vinyls
PVC
Caustic Soda
Chemicals
Ethylene
Propylene
Butadiene
Paraxylene
Benzene
Toluene
Ortoxylene
Isoprene
Butene1
Dicyclo Pentadiene
Hidrogen
ETBE/MTBE
Aromatic Current (RAP)
Piperylene
Gasoil (Heavy condensate)
C4 Heavies
Petrochemical Oil BTE
Unilene
PIB
Mixed Xylenes
Solvent AB9
Coperaf1
Turpentine
Fuel
C7C8 Aromatics
Cumene
Nonene
Tetramer
Total

Exports

Tons

Polyolefins
PE´s
PP

Vinyls
PVC

Chemicals
Ethylene
Propylene
Butadiene
Paraxylene
Benzene
Toluene
Ortoxylene
Isoprene
Butene1
Dicyclo Pentadiene
Hidrogen
ETBE/MTBE
Aromatic Current (RAP)
Piperylene
Gasoil (Heavy condensate)
C4 Heavies
Petrochemical Oil BTE
Unilene
PIB
Mixed Xylenes
Solvent AB9
Coperaf1
Turpentine
Fuel
C7C8 Aromatics
Cumene
 5. Revenue

R$ million
Polyolefins
Domestic Market
Export Market

Vinyls
Domestic Market
Export Market

Chemicals
Domestic Market
Ethylene/Propylene
Butadiene
Cumene
BTX
Others

Export Market
Ethylene/Propylene
Butadiene
BTX
Others

United States and Europe

Mexico
Polyethylene
Others

Resale*
 6. Income Statement
EBITDA Statement (R$ million)

Net Profit
Income Tax / Social Contribution
Financial Result
Depreciation, amortization and depletion
Basic EBITDA
Provisions for the impairment of long-lived assets (i)
Results from equity investments (iii)
Adjustments in discontinued operations result (ii)
Others (iv)
Adjusted EBITDA
EBITDA Margin

Income Statement - Real (R$ million)

Gross Revenue
Net Revenue
Cost of Good Sold
Gross Profit
Selling Expenses
General and Administrative Expenses
Expenses with Research and Development
Investment in Subsidiary and Associated Companies
Other Net Operating Income (expenses)
Operating Profit Before Financial Result
Net Financial Result
Financial Expenses
Financial Revenues
Foreign Exchange Variation, net
Profit Before Tax and Social Contribution
Income Tax / Social Contribution
Net Profit (Loss) from continued operations
Result from discontinued operations
Net profit (Loss)
Attributable to Company's shareholders
Non-controlling interest in Braskem Idesa
 7. Balance Sheet
Balance Sheet (R$ million)
 8. Cash Flow
Cash Flow (R$ million) 1Q16 2Q16 3Q16

Profit (loss) before income tax and social contribution and for the result
1,062 481 1,161
with discontinued operations
Depreciation, amortization and depletion 571 673 711
Results from equity investments (2) (12) (10)
Interest and monetary and exchange variations, net 365 567 1,067
Leniency agreement - - -
Gain from divestment in subsidiary - - -
Provision for loss and down long assets 20 (7) 4
Cash before changes in working capital 2,015 1,702 2,933
Financial investments in time deposit - (428) -
Trade accounts receivable 525 208 (96)
Inventories 278 96 192
Taxes recoverable 316 371 306
Prepaid expenses 8 (0) 18
Other receivables (8) (17) (42)
Trade payables (1,884) (481) (649)
Taxes payable (203) 193 164
Advances from customers (5) (42) 303
Leniency agreement - - -
Sundry provisions (5) 10 112
Other payables 32 (211) 161
Cash from operations 1,070 1,401 3,403
Financial applications (including LFT's and LF's) (279) 240 (437)
Cash from operations and financial applications 791 1,641 2,966
Interest paid (448) (491) (425)
Income tax and social contribution paid (95) (573) (179)
Net cash used in investing activities 248 576 2,362
Proceeds from the sale of fixed assets 0 0 0
Proceeds from the sale of investments - - -
Proceeds from the capital reduction of investments
Acquisitions to property, plant and equipment - - -
Additions to fixed assets and intangible (567) (666) (520)
Acquisitions of intangible assets - - -
Premium in the dollar put option - - (5)
Held-for-maturity financial investments - 38 -
Short-term and long-term debt (567) (628) (524)
Obtained borrowings
Obtained funds 804 1,134 885
Payments of borrowings (968) (897) (1,890)
Operations with derivatives - payment - - -
Project Finance
Obtained funds 91 62 351
Payments of borrowings (80) (147) (143)
Dividends paid to shareholders (0) (999) (0)
Repurchase of treasury shares
Applications of cash in financing (154) (847) (797)
Exchange variation on cash of foreign subsidiaries 238 331 (42)
Increase (decrease) in cash and cash equivalents (234) (569) 998
Represented by
Cash and cash equivalents at the beginning for the year 7,043 6,809 6,241
Cash and cash equivalents at the end for the year 6,809 6,241 7,239
Increase (decrease) in cash and cash equivalents (234) (569) 998
4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2014 2015 2016

(2,803) 2,523 1,634 991 268 1,427 1,065 4,431 (99)

728 702 722 745 760 740 2,059 2,126 2,683
(7) (12) (11) (6) (11) (0) (4) (2) (30)
1,028 215 1,077 281 2,124 501 1,566 3,183 3,026
2,853 - - - - - (277) - 2,853
- - (277) - - - -
24 9 17 90 97 5 10 131 41
1,824 3,437 3,162 2,102 3,239 2,673 4,419 9,868 8,474
- - - - - - (69) (428)
371 (604) (216) (285) (493) (43) 409 (343) 1,008
296 (316) (347) 170 (1,064) 184 (499) (502) 862
65 206 (22) 74 214 747 484 842 1,058
38 28 (131) 15 57 12 (36) (67) 64
421 4 (51) 63 9 (86) 35 (10) 354
(1,242) (1,283) (63) (122) 32 354 (421) (1,518) (4,255)
(446) 26 (203) 168 (209) (675) (476) 220 (292)
(39) (31) (41) 69 (11) (129) (262) (37) 217
- (297) (311) (736) - (268) -
441 (13) 11 51 146 (38) 39 154 558
57 (263) 36 32 251 (193) 749 734 38
1,786 893 1,825 1,601 2,171 2,538 4,373 9,341 7,660
254 188 (1,619) 413 64 (103) (145) (222)
2,040 1,082 206 2,014 2,235 2,435 4,373 9,196 7,438
(463) (472) (553) (468) (661) (453) (421) (1,086) (1,827)
(306) (41) (561) (74) (244) (182) (138) (232) (1,153)
1,271 569 (909) 1,472 1,330 1,801 3,813 7,878 4,458
0 0 1 0 38 1 11 1 1
- - 450 - - 315 - -
2
- - - - (608) - (0) - -
(834) (273) (482) (760) (758) (404) (5,379) (4,104) (2,587)
- - - - - (30) (20) -
- (2) (8) (3) (2) (2) - - (5)
- - - - - - 29 2 38
(833) (275) (39) (763) (1,330) (403) (5,054) (4,120) (2,552)

1,286 660 827 982 6,023 645 6,175 5,482 4,108

(1,146) (886) (627) (1,795) (5,471) (2,207) (6,693) (6,087) (4,902)
- - - - (810) -

- - 188 - - - 1,895 1,502 504

(99) (198) (250) (262) (370) (174) - (511) (469)
(999) (0) (0) (0) (999) (0) (482) (482) (1,998)
- (1)
(959) (424) 137 (1,075) (1,626) (1,735) 894 (97) (2,757)
60 46 (96) 107 (51) (24) (52) (508) 587
(461) (85) (906) (259) (1,677) (362) (398) 3,152 (265)

7,239 6,702 6,617 5,711 5,452 3,775 4,290 3,891 7,043

6,778 6,617 5,711 5,452 3,775 3,413 3,891 7,043 6,778
(461) (85) (906) (259) (1,677) (362) (398) 3,152 (265)
2017

5,417
2,929
(40)
3,698
-
(277)
213
11,940
-
(1,598)
(1,558)
471
(31)
26
(1,436)
(218)
(14)
(1,344)
195
56
6,490
(953)
5,536
(2,154)
(921)
2,462
40
450

(608)
(2,273)
-
(15)
-
(2,406)

8,492
(8,779)
(810)

188
(1,081)
(999)

(2,988)
6
(2,927)

6,702
3,775
(2,927)
 9. Results by Segment

(R$ million) 1Q15 2Q15 3Q15 4Q15

Chemicals
Net Revenue 5,100 6,084 6,788 6,297
COGS (4,630) (4,772) (5,405) (5,247)
Gross Profit 470 1,313 1,383 1,051
SG&A (157) (148) (151) (202)
Other Revenues/Expenses (7) (6) (7) (159)
Operational Profit ### 306 1,159 1,225 690
EBITDA 560 1,412 1,482 986
Margin (%) 11% 23% 22% 16%

Polyolefins and Renewables

Net Revenue 4,606 4,991 5,603 4,785
COGS (3,714) (3,763) (4,324) (3,659)
Gross Profit 892 1,228 1,279 1,126
SG&A (277) (295) (304) (348)
Other Revenues/Expenses (6) (20) (42) (63)
Operational Profit 608 913 933 716
EBITDA 720 1,018 1,081 829
Margin (%) 16% 20% 19% 17%

Vinyls
Net Revenue 640 605 811 724
COGS (600) (512) (736) (568)
Gross Profit 40 93 76 156
SG&A (51) (51) (59) (64)
Other Revenues/Expenses 5 9 1 (42)
Operational Profit (6) 50 18 50
EBITDA 57 103 88 108
Margin (%) 9% 17% 11% 15%

Brazil*
Net Revenue
COGS
Gross Profit
SG&A
Other Revenues/Expenses
Operational Profit
EBITDA
Margin (%)

United States / Europe

Net Revenue 919 2,817 2,140 2,363
 COGS (848) (2,455) (1,814) (1,791)
Gross Profit 71 362 327 572
SG&A (48) (139) (117) (141)
Other Revenues/Expenses (0) 1 (4) (10)
Operational Profit 22 224 205 421
EBITDA 56 293 268 492
Margin (%) 6% 10% 13% 21%

Mexico
Net Revenue
COGS
Gross Profit
SG&A
Other Revenues/Expenses
Operational Profit
EBITDA
Margin (%)

*2017 EBITDA was restated because the operating result from Germany was also considered in Brazil
1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2015

5,950 6,156 6,409 6,548 6,564 5,951 5,958 6,706 6,721 24,270
(4,798) (4,924) (5,178) (5,285) (5,200) (4,967) (4,858) (5,438) (5,816) (20,053)
1,152 1,232 1,231 1,263 1,364 984 1,100 1,268 905 4,217
(151) (156) (194) (179) (188) (188) (207) (190) (176) (659)
(53) (52) (64) (305) (27) (53) (70) (115) (29) (178)
948 1,024 973 779 1,149 743 824 963 700 3,380
1,239 1,320 1,274 1,076 1,414 1,023 1,117 1,255 985 4,440
21% 21% 20% 16% 22% 17% 19% 19% 15% 18%

5,092 5,316 5,170 4,730 4,845 4,860 4,961 4,984 5,271 19,986
(4,032) (4,152) (4,073) (3,718) (3,805) (3,798) (3,957) (3,972) (4,447) (15,461)
1,060 1,164 1,096 1,013 1,040 1,062 1,004 1,012 824 4,525
(310) (310) (323) (342) (331) (309) (336) (346) (307) (1,225)
(33) (45) (43) (84) (38) (24) (67) (87) (25) (131)
717 808 731 587 672 728 601 579 492 3,170
828 920 849 694 781 832 704 684 603 3,647
16% 17% 16% 15% 16% 17% 14% 14% 11% 18%

746 736 740 794 808 649 800 810 657 2,780
(671) (722) (692) (730) (690) (562) (683) (670) (694) (2,416)
75 14 48 64 118 87 117 140 (37) 364
(54) (54) (61) (67) (38) (38) (36) (51) (43) (225)
(6) (9) (6) (51) (18) (32) (19) (94) (11) (27)
14 (49) (19) (54) 62 16 61 (5) (91) 112
84 44 75 38 149 87 146 73 (3) 355
11% 6% 10% 5% 18% 13% 18% 9% 0% 13%

9,536 8,798 8,968 9,500 9,190 -

(7,029) (6,685) (6,794) (7,243) (7,589) -
2,507 2,113 2,173 2,257 1,601 -
(483) (407) (628) (618) (522) -
(112) 144 (223) (306) (81) -
1,924 1,950 1,407 1,449 1,084 -
2,391 2,306 1,846 1,838 1,463 -
25% 26% 21% 19% 16% -

2,535 2,298 2,066 1,997 2,425 2,310 2,449 2,671 2,671 8,240
(1,599) (1,479) (1,449) (1,554) (1,726) (1,852) (1,843) (1,980) (2,024) (6,909)
936 819 618 443 699 458 606 690 647 1,331
(111) (109) (130) (148) (166) (130) (126) (161) (152) (446)
(10) (20) (16) (25) 0 (2) (18) (19) (9) (13)
815 690 471 271 533 325 462 510 486 872
868 745 524 336 592 385 519 567 569 1,110
34% 32% 25% 17% 24% 17% 21% 21% 21% 13%

121 214 538 714 940 881 843 936 869 -

(118) (145) (324) (426) (505) (520) (523) (516) (477) -
3 68 215 288 435 361 320 420 392 -
(28) (63) (77) (63) (66) (68) (77) (72) (62) -
(1) (57) (47) (38) 5 (29) 6 13 30 -
(27) (53) 92 186 374 263 249 362 360 -
(27) 7 214 336 536 456 429 567 536 -
-22% 3% 40% 47% 57% 52% 51% 61% 62% 0%
2016 2017

25,063 25,179
(20,185) (20,463)
4,878 4,717
(680) (773)
(473) (265)
3,724 3,679
4,910 4,809
20% 19%

20,307 19,650
(15,975) (15,533)
4,333 4,118
(1,285) (1,322)
(205) (216)
2,843 2,580
3,291 3,001
16% 15%

3,016 3,067
(2,815) (2,606)
201 461
(237) (163)
(72) (163)
(107) 135
241 454
8% 15%

- 36,802
- (27,752)
- 9,050
- (2,135)
- (496)
- 6,729
- 8,380
- 23%

8,896 9,854
 (6,081) (7,402)
2,815 2,453
(498) (583)
(71) (39)
2,247 1,831
2,474 2,063
28% 21%

1,587 3,601
(1,013) (2,065)
573 1,536
(232) (283)
(143) (4)
198 1,248
530 1,987
33% 55%
 10. Debt
Debt* Dec-14 Dec-15 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18
Gross Debt Ex-Project Finance R$ million 20,346 28,492 24,487 23,646 24,764 22,995 23,675 22,219
Cash and Cash Equivalents R$ million (3,794) (7,370) (7,333) (7,065) (7,655) (7,029) (5,353) (4,982)
Net Debt R$ million 16,552 21,122 17,154 16,581 17,109 15,966 18,322 17,237
EBITDA LTM R$ million 5,582 9,433 11,022 10,974 10,218 9,737 10,045 9,078
Net Debt / EBITDA x 2.97 2.24 1.56 1.51 1.67 1.64 1.82 1.90x
Leniency Agreement* R$ million - - 2,853 2,568 2,314 1,587 1,629 1,396
Adjusted Net Debt R$ million 16,552 21,122 20,007 19,149 19,424 17,553 19,951 18,633
Adjusted Net Debt / EBITDA x 2.97 2.24 1.82 1.74 1.90 1.80 1.99 2.05x

Debt* Dec-14 Dec-15 Dec-17 Mar-17 Jun-17 Dec-17 Dec-17 Mar-18

Gross Debt Ex-Project Finance US$ million 7,660 7,297 7,513 7,463 7,486 7,259 7,157 6,685
Cash and Cash Equivalents US$ million (1,428) (1,887) (2,250) (2,230) (2,314) (2,219) (1,618) (1,499)
Net Debt US$ million 6,231 5,409 5,263 5,233 5,172 5,040 5,539 5,186
EBITDA LTM US$ million 2,379 2,826 3,155 3,337 3,182 3,052 3,153 2,826
Net Debt / EBITDA x 2.62 1.91 1.67 1.57 1.63 1.65 1.76 1.84x
Leniency Agreement* US$ million - - 875 811 700 501 492 420
Adjusted Net Debt US$ million 6,231 5,409 6,139 6,044 5,871 5,541 6,031 5,606
Adjusted Net Debt / EBITDA x 2.62 1.91 1.95 1.81 1.85 1.82 1.91 1.98x

Debt Rating - Global Scale

Scale Agency Rating Outlook Date

Global Fitch BBB- Stable 09/28/2017
Global S&P BBB- Stable 03/14/2018
Global Moody's Ba1 Stable 10/4/2018

Classificação de Dívida - Escala Nacional

 Scale Agency Rating Outlook Date
National Fitch AA+ Stable 09/28/2017
National S&P brAAA Stable 03/14/2018

* Does not consider Net Debt and EBITDA from Braskem Idesa
 11. Hedge Accounting*
*Balance already assigned

1Q16 2Q16 3Q16 4Q16 1Q17

Braskem S.A.
Total Nominal Value US$ MM 207 211 211 211 201
Exchange Rate in the beginning of the period R$/US$ 2.0017 2.0017 2.0017 2.0017 2.0017
Protection Exchange Rate R$/US$ 4.0399 3.6408 3.2723 3.2476 3.2400
Exchange Rate Variation Transferred to Financial Expenses R$ MM (422) (345) (268) (263) (249)

Braskem Idesa S.A.P.I.

Total Nominal Value US$ MM 16 25 26 29
Exchange Rate in the beginning of the period R$/US$ 13.6636 13.6650 13.6560 13.6649
Protection Exchange Rate R$/US$ 18.1409 18.4981 19.2688 20.0871
Exchange Rate Variation Transferred to Financial Expenses MXN MM - (73) (121) (148) (187)
Exchange Rate R$/MXN 5.1230 5.7547 6.0399 6.0491
Exchange Rate Variation Transferred to the Result R$ MM (14) (21) (24) (31)
** Weighted average of the exchange rates for mexican peso/dollar of 10/01/2014; 04/22/2015 e 09/09/2015, dates on which the debt related to project finance were designed for hedge accounting.
 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 2016 2017 2018 2019 2020

208 207 213 189 208 193 197 839 830 788 734 724
2.0017 2.0017 2.0017 2.0017 2.0017 2.0017 2.0017 2.0017 2.0017 2.0017 2.0017 2.0017
3.2025 3.3302 3.1684 3.3082 3.2769 3.3080 3.3080 3.5502 3.2353 3.3003
(250) (275) (249) (247) (266) (252) (257) (1,298) (1,023) (1,023) - -

48 52 54 54 55 56 56 68 183 222 229 266

13.6560 13.6536 13.6537 13.6537 13.6537 13.6537 13.6537 13.6615 13.6560 13.6560 13.6560 13.6560
18.5659 17.8489 19.1186 18.3561 18.6359 18.9051
(235) (219) (294) (253) - - - (342) (936) - - -
5.4700 5.6370 5.7895 5.3992 5.6392 5.7364
(43) (39) (51) (47) - - - (60) (164) - - -
gned for hedge accounting.
2021 2022 2023 2024 2025 2026 2027 2028 2029

716 719 718 689 - - - 1,250 -

2.0017 2.0017 2.0017 2.0017 0 0 0 3.1688 0

- - - - - - - - -

303 253 332 359 357 309 150 124 26

13.6560 13.6560 13.6560 13.6560 13.6560 13.6560 13.6560 13.6560 13.6560

- - - - - - - - -

- - - - - - - - -
 12. COGS

COGS
Total Cost of Good Sold
Naphtha/condensate resale costs
Cetrel
Total Cost of Good Sold without resale costs

COGS Breakdown*

Naphtha
Ethane/Propane/LRC
Ethane Brasil
Ethane Mexico
Propane
LRC
Propylene
Propylene from Petrobras
U.S. Propylene
Europe Propylene
Electric Energy
Natural Gas
Other Variable Costs¹
Labor
Services
Others
Deprec / Amort
Freight
* Does not include naphtha/condensate resale costs, quantiQ's and Cetrel's cost
13. Yield - Braskem
 14. Eco-efficiency
Indicator 2008 2009

Water Consumption (m³/t) 4.50 3.83

Wastewater Generation (m³/t) 1.44 1.40
Energy Consumption (Gj/t) 11.83 11.27
Solid Waste Generation (Kg/t) 3.38 2.40
GHG Emissions Intensity (Scope 1+2, tCO 2e/t)* 0.72 0.68
Incident Frequency Rate (SAF, 1.000.000 Man-hr) 5.47 3.62
Incident Frequency Rate (CAF, 1.000.000 Man-hr) 0.66 1.01
* The result of 2017 is not available yet
 15.
14. Petrochemical
Bloomberg Tickers
Products Price References

Chemicals
Petrochemical Reference Bloomberg Ticker
Naphtha ARA - Europe FSNNM1 Index
Ethane USA PUSAETHA Index
Propane USA LPGSMBPP Index

Ethylene Europe PWEUETHN Index

Propylene Europe PWEUPRLE Index

Butadiene USA PUSABUTA Index

Cumene USA PUSACUME Index
Benzene USA PUSABEZN Index
Toluene USA POLITORO Index
Paraxylene Asia PUSAPAXY Index
Mixed Xylenes USA PUSAMIXY Index

Polyolefins
Petrochemical Reference Bloomberg Ticker
PE
HDPE HDPE USA MERSHDH1 Index
LDPE LDPE USA MERSLDHO Index
LLDPE LLDPE USA MERSPEHO Index
PP PP Asia MERSPPI1 Index
Propylene from third-parties Propylene USA PUSAPRLE Index

Vinyls
Petrochemical Reference Bloomberg Ticker
PVC PVC Asia POLIPVFE Index
Caustic Soda Caustic Soda USA PUSACASO Index

United States and Europe

Petrochemical Reference Bloomberg Ticker
PP PP USA PUSAPRPY Index
PP PP Europe PWEUPRPY Index
Propylene Propylene USA PUSAPRLE Index
Propylene Propylene Europe PWEUPRLE Index

Mexico
Petrochemical Reference Bloomberg Ticker
PE
HDPE HDPE USA MERSHDH1 Index
LLDPE LLDPE USA MERSPEHO Index
Ethane USA PUSAETHA Index
Price References

IHS Reference
Naphtha - West Europe - Spot, Average - US$ per Metric Ton - CIF NW Europe / Basis ARA
Ethane - Purity - Spot, Average - North America - Cents per Gallon - FOB Mont Belvieu, TX
Propane - non-TET - North America - Spot, Average - Cents per Gallon - FOB Mont Belvieu, TX

Ethylene - West Europe - Contract-Market Pipeline - Euro per Metric Ton - Delivered W. Europe

Propylene - Contained Value - West Europe - Contract-Benchmark Contained Value - Euro per Metric Ton - Delivered W. Europe

Butadiene (BDE) - North America - Contract-Market - Cents per Pound - FOB US Gulf Coast
Cumene - North America - Contract Formula - Cents/Pound - FOB US Gulf Coast
Benzene - North America - Contract-Market Domestic - Cents per Gallon - FOB US Gulf Coast
Toluene - Commercial Grade - North America - Spot - Cents per Gallon - FOB US Gulf Coast
Paraxylene - Asia - Contract-Benchmark - US$ per Metric Ton - C&F Asia/Pacific
Xylenes (Mixed) - Octane (Blend) Value (Summer RFG - Post 99) - North America - US$ per Metric Ton (converted) - US Gulf Coast

IHS Reference

Polyethylene (PE) - High Density - Spot/Export Blow Molding - North America - US$ per Metric Ton (converted) - FAS USGC (25 kg bags)
Polyethylene (PE) - Low Density - Spot/Export GP- Film - North America - US$ per Metric Ton (converted) - FAS USGC (25 kg bags)
Polyethylene (PE) - Linear Low Density - Spot/Export Butene, Film - North America - US$ per Metric Ton (converted) - FAS USGC (25 kg bags
Polypropylene (PP) - Homopolymer - Southeast Asia - Spot Export - US$ per Metric Ton - FOB Singapore
Propylene - Polymer Grade - North America - Contract-Benchmark Stream Value - Cents per Pound - Delivered United States

IHS Reference
Polyvinyl Chloride (PVC) - Suspension, Pipe Grade Resin - Northeast Asia - Spot - US$ per Metric Ton - CFR NE Asia
Caustic Soda - Spot, Average - North America - US$ per Metric Ton (converted) - FOB US Gulf Coast

IHS Reference
Polypropylene (PP) - GP-Homopolymer - Domestic Market (Contract), Low - North America - US$ per Metric Ton (converted) - Delivered
Polypropylene (PP) - Homopolymer - Discounted Contract Estimate - West Europe - US$ per Metric Ton (converted) - Delivered W. Europe
Propylene - Polymer Grade - North America - Contract-Benchmark Stream Value - Cents per Pound - Delivered United States
Propylene - Contained Value - West Europe - Contract-Benchmark Contained Value - Euro per Metric Ton - Delivered W. Europe

IHS Reference

Polyethylene (PE) - High Density - Spot/Export Blow Molding - North America - US$ per Metric Ton (converted) - FAS USGC (25 kg bags)
Polyethylene (PE) - Linear Low Density - Spot/Export Butene, Film - North America - US$ per Metric Ton (converted) - FAS USGC (25 kg bags
Ethane - Purity - Spot, Average - North America - Cents per Gallon - FOB Mont Belvieu, TX
 Comments

Use these references to model the Polyolefins

segment

Comments

Consider the weighted average price of 40%

HDPE, 30% LDPE and 30% LLDPE

Comments

Comments

In the U.S. and Europe the operations are not

integrated. Therefore, the spread that must be
used is the PP-Propylene

Comments
 16. CAPEX
Investments (millions)

Operational (R$)
Brazil (R$)
United States and Europe (US$)
Contribution to Mexico Project (R$)
Mexico (US$)
Strategic Projects (R$)
Brazil (R$)
United States and Europe (US$)
Total (R$)
Brazil (R$)
United States and Europe (US$)

New PP Plant USA (R$)

Strategic (US$)

Total (R$)
Brazil (R$)
United States and Europe (US$)

Braskem Idesa (R$)

Operational (US$)
 Forward Looking Statements
This valuation book contains forward-looking statements. Such statements are not statements of historical f
and expectations of Braskem’s management. The words “anticipates”, “wishes”, “expects”, “estimates”, “int
“predicts”, “projects”, “targets” and similar words are intended to identify these statements. Although Braskem
and assumptions reflected in the forward-looking statements are reasonable based on information curre
management, Braskem cannot guarantee future results or events. Forward-looking statements included in this
of the date they were made March 31, 2018), and the Company does not undertake any obligation to up
information or future developments.
ments of historical facts, and reflect the beliefs
”, “estimates”, “intends”, “forecasts”, “plans”,
s. Although Braskem believes that expectations
information currently available to Braskem’s
ents included in this presentation speak only as
ny obligation to update them in light of new