January 16, 2004 BRASKEM
Braskem incorporates Trikem and moves forward with its corporate integration
BRASKEM S.A., the leading manufacturer of thermoplastic
resins in Latin America, positioned among the five largest
private-sector industries in Brazil, announced that, at an
held yesterday, the shareholders of Braskem S.A. (“Braskem”) and Trikem S.A. (“Trikem”) approved the incorporation of Trikem by
In March 2003, Braskem completed the incorporation of OPP, Nitrocarbono and ESAE. Last July, the company acquired the shareholding stake that the Japanese group Mitsubishi held in the voting stock of Trikem and Polialden, while at the same time entering into an agreement with Nissho Iwai to migrate its equity interest to Braskem. On December 4, Braskem successfully concluded a public offering of the remaining Trikem common stock in the market, which was followed now by the current merger.
December 9, 2003 BRASKEM S.A.
RELEVANT FACT (OdenrechtからのTrikemの分離）
This Relevant Fact is about transactions to be completed prior to the merger of Trikem S.A. (“Trikem”) into Braskem,described in a joint relevant fact from Braskem and Trikem, published on this date. The transaction described in this Relevant Fact has as its purpose the simplification of Braskem's corporate structure, directly linking Trikem to Braskem in a manner to facilitate the merger of Trikem into Braskem.
Braskem to invest $28-mil to
boost PVC capacity
Braskem, the controller of Trikem, Brazil's largest PVC producer, has announced plans to invest $28-mil to boost Trikem's PVC capacity from 485,000 mt/yr to 535,000 mt/yr over the second half of 2005. This 50,000 mt/yr capacity expansion is the first of a planned three-stage 150,000 mt/yr Trikem bottlenecking, possibly to occur by end-2007, Braskem President Jos Carlos Grubisich said in a Wednesday conference call.
March 24, 2003 Braskem
BRASKEM PROCEEDS WITH ITS INTEGRATION
Braskem S.A. (BOVESPA: BRKM)
(NYSE: BAK) today announced that the Boards of Directors of
Braskem S/A (“Braskem”), Nitrocarbono S/A (“Nitrocarbono”), Economico S/A Empreendimentos (“ESAE”)
and OPP Quimica S/A (“OPP”) have approved the scheduling of
Extraordinary Shareholder Meetings to
vote on the incorporation of Nitrocarbono, ESAE and OPP into Braskem. The meetings will be held on March 31, 2003.