BAK
Braskem SA
A Brazilian petrochemical maker that produces the thermoplastic resins — polyethylene, polypropylene, and PVC — found in everyday packaging, auto parts, pipes, and building materials, sold to customers in dozens of countries. It was created in 2002 by merging six Brazilian petrochemical firms, and its name "Braskem" blends "Brasil" with "chem." A quirky standout: its "I'm green" plastic is made from renewable sugarcane yet is chemically identical to regular polyethylene, so it can be recycled in the same streams.
ADRUnderlying: BAKCUSIP: 105532105MaterialsBR1 holder
Class A American Depositary Receipt (ADR)