Agenda
Starting from today
Evolution
Conclusion – Open Questions
Agenda
Starting from today
Evolution
Conclusion – Open Questions
EXTRAÇÃO Matérias-Primas
1ª GERAÇÃO Petroquímicos
Básicos
2ª GERAÇÃO Resinas
Termoplásticas
3ª GERAÇÃO Conversores
Plásticos
NAFTA CONDENSADO
GÁS
VALOR ADICIONADO COMPETITIVIDADE
INTEGRAÇÃO COMPETITIVA
Liderança de Mercado
Maior Produtora de Resina das Américas
Competitividade de Custos
Integração com Escala
Autonomia Tecnológica Know-How
Indústria Petroquímica Brasileira
Track record of success with clear objectives…
5
2002 2006
Leader in Latin America
Leader in the Americas
Polialden
2005 2007
Ipiranga, Copesul and Paulínia
2008
Petroquímica Triunfo
2009
Acquisitions Quattor + Sunoco
2010
2003
OPP
2004
Trikem 2006
Politeno
54% capacity increase
80% capacity increase
Source: Braskem
Braskem: Leader in PE, PP and PVC production in the Americas
Industrial Assets
Dominant market share in South America, with 65% of the Brazilian market Strong growth track record with attractive project pipeline in Brazil, Latin America and Sustainable chemicals (focus on renewable raw materials) Listed in 3 stock exchanges: BM&FBovespa, NYSE and Latibex - 100% tag along
1 gas cracker 1 PP 1 PE
1 naphtha cracker
2 PP 3 PE
5 PP
1 naphtha cracker 1 ethanol cracker
5 PE 2 PP
1 PVC 1 Chlorine-soda
Diversified portfolio of petrochemical products, with focus on PE, PP and PVC
Annual capacity of 7.5 million ton 35 facilities in Brazil, USA and Germany
1 naphtha cracker 4 PE 1 PP
1 PVC 1 Chlorine-soda
2010 LTM 2Q11 ∆
R$ billion Consolidated Consolidated
Net Revenue 27.8 30.3 + 8.8%
EBITDA 4.1 4.2 + 3.1
Net Debt/EBITDA 2.43x 2.30X - 5.3%
Financial Highlights
2 PP
6
Plastic Consumption Profile in South America
7 Source: Braskem / IBGE Ex. Quattor and Braskem America
Others
Automotive
Civil Construction Consumables
Industrial Sector
Hygiene &
Cleaning Retail
Food 12% 4% 4%
5% 5%
5% 8% 15%
41%
PE
PVC
PP
Cosmestic & Pharma
Electric & Electronics
Infrastructure
Food
Consumables
Civil Construction
Hygiene
Automotive
58%
1,5% 0,7% 11,3%
0,4% 1,5%
3,5%
23%
Agriculture
Consumables
Electric & Electronics
Civil Construction
Hygiene & Cleaning
Automotive
Food Industrial
Sector Others
8% 5% 7%
31%
9% 15% 2% 2%
8%
13%
Cosmestic & Pharma
Agriculture
Braskem Strategic Direction
8
“BECOME THE GLOBAL SUSTAINABLE CHEMICAL
LEADER, INNOVATING FOR BETTER SERVE THE PEOPLE”.
Industrial Facilities
Offices
...Global Presence
9
Laboratories
Source: Braskem
Expansion Projects
BRAZIL
Expansion in PVC
Operational start‐up : 1st half 2012
Expansion of 200 kton/y in PVC capacity in Alagoas
Investments of US$ 470 million
Expected NPV ~US$ 450 million
Disbursements already in 2Q10
Support for Brazil’s infrastructure projects
Comperj ‐ RJ
New projects (under study) in Comperj
PERU
Project under evaluation by Braskem, Petrobras and Petroperú (natural gas available)
600 – 1,000 kton Ethylene/PE
10
New Projects
Projects with Petrobras
Source: Braskem
Expansion Projects
MEXICO ‐ Ethylene XXI
Startup: 2015
JV Braskem (65%) and IDESA (35%)
Integrated project: 1 MMton ethylene and 1MMton PEs
Investment: US$ 2.5 Bi
Financial advisor: Sumitomo
11
New Projects
Projects with Petrobras
Source: Braskem
Innovation and Technology
12
Launch of US$ 144 MM in RANPV* for innovation projects
More than US$ 330 millions in assets
220 researchers
More than 260 patents deposited
8 pilot plants
12% of the revenues with resins sale in 2010 were obtained from products launched in the last 3 years
*Risk Ajdusted for net present Value
Innovation and Technology
13
Green Polymers
POLYETHYLENE POLYPROPYLENE
1st company in the world to certify a polymer 100% from a renewable source
Prizes and Awards
14
R&D and current technology growth as part of the long term strategy
New product: Green Polypropylene
First green PP Lab scale production and Biobased Verification Minimum 30 kty plant in 2013 Ongoing research to develop new competitive chemical routes
New Green PE Plants
Source: Braskem
Agenda
Starting from today Starting from today
Evolution
Conclusion – Open Questions
History ….
1984 ITA
Infra Estrutura
2001 - SBU
1987 Estágio Rhodia
1988 Presente de Natal
Trainee
1994 Gerente D.M
Argentina 96-99
Europa 1989 – 1994 Ass. Técnico
BRASKEM
Agenda
Starting from today Starting from today
Evolution Evolution
Conclusion – Open Questions
Liçoes aprendidas
Educação para o trabalho e pelo trabalho
Comunicação transparente
Auto-desenvolvimento
Empresariamento
Interesse
Abordagem orientada a resultados
Busca de novas competências e vantagens competitivas
Transpiração.
CULTURA E VALORES SÓLIDOS
Liçoes aprendidas
Liçoes aprendidas
Quando cuidamos das pessoas, as pessoas cuidam dos negócios.
O Desenvolvimento da Organização é consequência do desenvolvimento das pessoas que a integram.
A confiança no ser humano é fundamental.
As pessoas são o princípio, o meio e o fim de tudo.
Escolha seu líder e trabalhe em uma organização que tenha princípios e valores afinados com os seus .
obrigado
22 www.braskem.com.br