Pittsburgh, Pa. (December 5, 2017) - Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest thermoplastics resins producer in the Americas, announces it is a recipient of the inaugural edition of the Pittsburgh Business Times' Innovation Award . The award recognizes companies in Western Pennsylvania that have made extraordinary advances in their respective fields, challenging conventional thinking. These companies either created something new or developed disruptive approaches to challenge traditional solutions. Winners will be recognized on December 7th at an awards ceremony in Pittsburgh. Braskem is being recognized for its innovative new impact copolymer DP202A.

Leslie Bockman, Braskem America's Product Technology Leader, commented on the company's award-winning innovation, "Braskem is honored to be recognized by the Pittsburgh Business Times in its inaugural Innovation Award program. Our Pittsburgh Innovation & Technology Center serves Braskem Clients around the world with state-of-the-art research and development activities focused on delivering innovative solutions and improving existing processes, technology and products for our clients. Our new DP202A impact copolymer is a thermoplastic resin technology that allows for the toughness of an impact copolymer, clarity similar to a random copolymer, and stiffness of a homopolymer. Potential end-use applications include a variety of food, beverage and consumer goods packaging containers."