OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 2012
(Commission File No. 1-14862 )
Camacari, Bahia - CEP 42810-000 Brazil
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ______ No ___X___
BRASKEM ACQUIRES THE PROPYLENE SPLITTER ASSETS AT MARCUS HOOK REFINERY
São Paulo, Brazil, July 2nd, 2012 - Braskem (BM&FBovespa: BRKM5, BRKM3, BRKM6; NYSE: BAK; LATIBEX: XBRK), the leading resin producer in the Americas, announces to the market that it has acquired the propylene splitter assets at Sunoco’s Marcus Hook refinery and has secured feedstock supply from multiple sources that ensures its continuing operations. Braskem will process propylene through the splitter assets for use in its adjacent polypropylene plant. This acquisition represents an important step in fortifying our Marcus Hook facility for the foreseeable future and solidifying Braskem’s continued commitment to the North American petrochemical market.
Further information can be obtained from the Company’s Investor Relations Department at +55 11 3576-9531 or braskem-ri@braskem.com.br.
Marcela Aparecida Drehmer Andrade
Investor Relations Officer
Braskem S.A.
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Braskem is the largest producer of thermoplastic resins in the Americas. With 35 industrial plants in Brazil, the United States and Germany, Braskem has the capacity to produce over 17 million tons of thermoplastic resins and other petrochemical products per year. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: July 2, 2012| BRASKEM S.A. | |||
| By: | /s/ Marcela Aparecida Drehmer Andrade | ||
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| Name: | Marcela Aparecida Drehmer Andrade | ||
| Title: | Chief Financial Officer | ||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.