“These investments are aligned with Braskem's commitment to meet the growth in domestic demand and in Brazil's entire petrochemicals and plastic production chain. The Company also invested R$262 million in maintenance, in line with its objective of maintaining its assets operating at high levels of operating efficiency and reliability.

"Despite the recovery observed in the quarter, it is essential that the Brazilian government maintain initiatives to protect the industry's competitiveness, such as renewing the Reintegra program, which stimulates Brazilian exports, and implementing the Special Regime for the Chemical Industry that was proposed in the first half of this year by a group formed by the actual government, the industry and representatives from trade union federations.

“REIQ includes measures that reduce the effective tax rates on raw materials and investment and that foster innovation, especially in the area of green chemicals, and these measures are crucial for encouraging a new investment cycle and reversing the enormous foreign trade deficit in the chemical industry," said Fadigas.

BRASKEM