SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13A-16
OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of October, 2021
(Commission File No. 1-14862 )
BRASKEM S.A.
(Exact Name as Specified in its Charter)
N/A
(Translation of registrant's name into English)
Rua Eteno, 1561, Polo Petroquimico de Camacari
Camacari, Bahia - CEP 42810-000 Brazil
(Address of principal executive offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
Indicate by check mark if the registrant is
submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
Indicate by check mark if the registrant is
submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
Indicate by check mark whether the
registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ______ No ___X___
If "Yes" is marked, indicate below
the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____.
BRASKEM S.A.
Corporate Tax ID (CNPJ):
42.150.391/0001-70
Company Registry (NIRE):
29.300.006.939
Publicly-Held Company
MATERIAL FACT
PRODUCTION & SALES
REPORT
THIRD QUARTER 2021
São Paulo, October
22, 2021 – Braskem S.A. (“Braskem” or “Company”) presents to its shareholders and the market its Production
& Sales Report for the third quarter of 2021. Note that the information herein is based on preliminary estimates and that the
data has not been audited by the independent auditor.
For more information, contact
Braskem’s Investor Relations Department by calling +55 (11) 3576-9531 or emailing braskem-ri@braskem.com.br.
Contents
|
1. INDUSTRIAL
PERFORMANCE 3Q21 1. INDUSTRIAL
PERFORMANCE 3Q21
|
2
|
|
1.1 BRAZIL
|
2
|
|
1.2 UNITED
STATES & EUROPE
|
2
|
|
1.3 MEXICO
|
2
|
|
2. SALES
PERFORMANCE 3Q21
|
3
|
|
2.1 BRAZIL
|
3
|
|
2.2 UNITED
STATES & EUROPE
|
4
|
|
2.3 MEXICO
|
4
|
|
|
1.
|
INDUSTRIAL PERFORMANCE 3Q21
|
Average
utilization rate of petrochemical crackers: increased compared to 2Q21 (+3 p.p.) due to the return
of operations after the scheduled general maintenance shutdown at the petrochemical complex in ABC, São Paulo. Compared to 3Q20,
decreased (-7 p.p.) mainly due to the feedstock shortage at the petrochemical complex in Rio de Janeiro as a consequence of the process
to return after a scheduled shutdown of a national supplier.
|
|
1.2
|
UNITED STATES & EUROPE
|
Average
utilization rate of PP plants[1]: in the United States, the utilization rate decreased
compared to 2Q21 (-4 p.p.) and 3Q20 (-5 p.p.), due to several small fluctuations in the reliability of PP plants in the period.
In Europe, the utilization
rate decreased compared to 2Q21 (-4 p.p.), due to small fluctuations in the reliability of PP plants in the period. Compared to 3Q20,
the utilization rate increased (+5 p.p.), due to the normalization of operations after the weaker demand in 3Q20, reflecting the impacts
of COVID, and fluctuations in the reliability of PP plants in the 3Q20.
Average
utilization rate of PE plants: increased 10 p.p. compared to 2Q21, mainly explained by higher
ethane imports from the United States under the Fast Track solution, which offset the lower ethane supply from Pemex. Compared to 3Q20,
the utilization rate decreased 16 p.p., mainly due to the lower volume of ethane supplied by Pemex.
[1] Data for the United
States in 3Q20 does not consider production capacity and volumes from Delta.
In August, Braskem Idesa
completed the project to expand the Fast Track import capacity, which currently stands at 25,000 barrels per day. As a result, during
the month of September it reached a historic import volume of 22,400 barrels per day. In 3Q21, in order to complement Pemex's ethane supply,
Braskem Idesa imported an average of 18,600 barrels per day of ethane from the United States, which represents approximately 74% of Fast
Track's current capacity.
2.
SALES PERFORMANCE 3Q21
Resins
sales volume: in the Brazilian market, sales volume increased in relation to 2Q21 (+11%), explained
by (i) the higher availability of PE, after the conclusion of the scheduled general maintenance shutdown at the petrochemical complex
in ABC, São Paulo; and (ii) the increase in market share in line with the strategy to prioritize serving the local market. Compared
to 3Q20, sales volume decreased (-17%), mainly due to: (i) the normalization of resins demand in the local market; and (ii) the lower
product availability.
Export volumes increased
compared to 2Q21 (+26%), mainly due to the improvement in logistical availability for exports due to the hiring of an additional vessel
despite global logistical restrictions in the period. Compared to 3Q20, exports decreased (-10%), due to global logistical restrictions
for export, in addition to fewer opportunities in the international market.
Main
chemicals sales volume: in the Brazilian market, sales volume increased in relation to 2Q21 (+8%),
due to higher product availability. Compared to 3Q20, sales volume increased (+2%), reflecting the increase in gasoline and cumene demand,
which was partially offset by lower sales of BTX (benzene, toluene and paraxylene) products due to clients scheduled and unscheduled maintenance
shutdown.
Export volumes increased
compared to 2Q21 (+18%), driven by the higher export volumes of benzene to capture opportunities in the international market. Compared
to 3Q20, exports remained in line.
|
|
2.2
|
UNITED STATES & EUROPE
|
PP sales
volume: in the United States, sales were lower compared to 2Q21 (-2%), due to lower product availability.
Compared to 3Q20, the increase of 9% is mainly explained by the ramp-up process of the new PP plant (Delta), with commercial production
beginning in September 2020.
In Europe, PP sales volume
decreased (-6%) in relation to 2Q21, reflecting the seasonally weaker demand. Compared to 3Q20, the increase (+9%) is explained by the
higher product availability in the period and the lower demand in 3Q20, reflecting the impacts of COVID.
PE sales volume:
increased 3% compared to 2Q21, due to the higher volume of product available for sale, reflecting the higher
utilization rate in the quarter, supported by the increase in ethane imports. In relation to 3Q20, a 29% drop is explained by the lower
volume of product available for sale compared to the same period last year.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: October 22, 2021
|
|
BRASKEM S.A.
|
|
|
|
|
|
|
|
|
|
|
|
|
By:
|
/s/ Pedro van Langendonck Teixeira de Freitas
|
|
|
|
|
|
|
|
Name:
|
Pedro van Langendonck Teixeira de Freitas
|
|
|
|
Title:
|
Chief Financial Officer
|
DISCLAIMER ON FORWARD-LOOKING STATEMENTS
This Material Fact notice 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 the Company's business, financial condition and operating results.
The words “project,” “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 various risks
and uncertainties, many of which are beyond the Company’s control. 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 the 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).
Barkby (PK) (USOTC:BAKBF)
Historical Stock Chart
From Oct 2024 to Nov 2024
Barkby (PK) (USOTC:BAKBF)
Historical Stock Chart
From Nov 2023 to Nov 2024
