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Press Releases • August 23, 2019

Braskem wins Valor 1000 Award in Chemical & Petrochemical category

The recognition is granted annually by the newspaper Valor Econômico. This marks the third straight year that Braskem has won the accolade.

Braskem was named Best Company in the Chemical & Petrochemical category in the 19th Valor 1000 Awards , which are sponsored annually by the newspaper Valor Econômico. This marks the third straight year that Braskem has won the accolade. 

The awards selected 25 companies in their industries based on their financial statements for 2018 and research conducted by the newspaper with the support of Serasa Experian and the business school of the Getúlio Vargas Foundation (EAESP/FGV).

The awards ceremony, which was held on August 20, in São Paulo, was attended by Fernando Musa, CEO of Braskem, and various business people. Also present were Rodrigo Maia, president of the Chamber of Deputies, and Paulo Guedes, finance minister.

Economic recovery
The main topic discussed among the representatives of the winning companies was the current economic scenario in Brazil, especially the structural reforms, such as the Pension Reform. According to Fernando Musa, since progress already is being made on a macroeconomic agenda favorable for economic recovery, the country needs to take other measures to ensure the sustainable growth. In his opinion, this growth "should strengthen demand in Brazil and support new investments in the medium term."

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