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Acquisition of
  Sunoco
 Chemicals

Bernardo Gradin

 Carlos Fadigas
Forward-looking Statements

This presentation contains forward-looking statements. These statements do not
represent historical fact, but rather reflect the beliefs and expectations of
Braskem’s management. The words “anticipate”, “wish”, “expect”, “estimate”,
“intend”, “forecast”, “plan”, “predict”, “project”, “target” and similar words
are intended to identify these statements. Although Braskem believes that the
expectations and assumptions reflected by these forward-looking statements are
reasonable and based on information currently available to management,
Braskem cannot guarantee future results or events.

The forward-looking statements in this presentation are valid only on the date
they are made (September 30, 2009) and the Company does not assume any
obligation to update them in light of new information or future developments

Braskem is not responsible for any transaction or investment decision taken
based on the information in this presentation.

                                                                                 2
Transaction Overview

  • On February 1, 2010 Braskem acquired 100% of the shares of
    Sunoco Chemicals1, made up of the Sunoco Polypropylene Business
    – 950 kty of PP.

  • Braskem America, a wholly owned subsidiary of Braskem, S.A.
    acquired the business for $350 million in cash, to be paid within 60
    days.

  •       Sunoco Chemicals:
          – 4th largest supplier of PP in North America
          – 3 plants: La Porte - TX, Marcus Hook - PA and Neal - WV
          – Research & Tech Center: Pittsburgh, PA
          – Competitive margins
          – Well-located and state-of-the-art facilities run by experienced
            employees

  1 The   Phenol Business does not form part of this transaction              3
Benefits and Strategic Drivers

 •   Further internationalization of a world scale player
 •   Acquisition of upgraded and competitive assets with access to a
     highly skilled management team and workforce
 •   Development of a base of global production in a market with further
     industry consolidation opportunities
 •   Foothold in the U.S. enhancing market for greenfield projects in Latin
     American
 •   Value creation


 Adding Sunoco Chemicals to the Braskem group furthers our objective of
  being among the top 5 global petrochemical companies in the world.




                                                                              4
Polypropylene Market in the U.S.


      • Polypropylene resins are one of the fastest-growing categories of
              thermoplastic resins in the world

      • SRI estimates PP consumption growth at 1.3 – 1.7 times US GDP
              growth

      • U.S. is the largest global consumer of PP at 12% of global
              production

      • 5 largest producers have over 60% of the market

      • Producers out of the Gulf hub have feedstock competitive
              advantage

      • Sunoco is amongst the most competitive in the US PP industry

Source: UBS                                                                 5
Sunoco Chemicals Overview

      •    State-of-the-art R&T center and facilities operating SpheripolTM and UNIPOLTM
           PP technologies
            – Established industry reputation for providing high quality products and
               services
            – Superior safety record
      •    Serves a broad range of clients with top 10 customers accounting for 52% of
           total sales volume
      •    Favorable cost position and feedstock integration
            – Ability to access lower cost feedstock with 60% of total capacity located
               outside US Gulf Coast
            – Robust transportation infrastructure
      •    Flexible product mix including high margin products
      •    Strong management team and workforce
            – Recent restructuring without material impact to the business




Source: Sunoco Inc                                                                         6
Braskem - # 1 Resin Producer in the
  Americas, now with plants in the USA



    Key Financials (2009 LTM* ProForma):            Resins capacity (kton/y)
                                                              6,460
    Gross Revenue                 R$ 27.3 billion
                                                                510
    Net Revenue                   R$ 20.8 billion
    EBITDA                        R$ 3.0 billion
    Total Assets                  R$ 34.6 billion              2,915

     *LTM: oct/08 to sep/09                                                PVC

     Profile:                                                              PP

                                                                           PE
     29 petrochemical plants : 26 in Brazil and
     3 in the USA
                                                               3,035
     Listed on 3 stock exchanges:
     BM&FBovespa, NYSE and Latibex



Source: Braskem / Company estimates                                              7
Sunoco Chemicals acquisition does not
   change Capital Structure and Leverage
       •    Strong liquidity with cash and cash equivalents of approximately R$8 billion
            (US$4.3 billion)
       •    Capital structure with significant capacity (net debt/EBITDA) of
            approximately 3x

                                                                          Estimated Capital
                                                    Estimated Capital
                                         ProForma                         Increase R$4.5bi –
                                                    Increase R$4.5bi –
                                          Sep 09                          Sunoco Chemicals
                                                    Quattor Acquisition
                                                                              Acquisition

      Cash & Cash Equiv.                  4,274           8,074                 7,444

      Gross Debt                          17,470          17,470               17,470

      Net Debt                            13,197          9,397                10,027

      Net Debt / EBITDA                   4.55x           3.24x                 3.30x


Source: Braskem, Unipar and Sunoco Inc                                                         8
Strategic Roadmap


                     2020 Objective: Leader in the
                     Americas, rank among the 5
                       largest petrochemical
                     companies worldwide and to
                     be positioned as the preferred
                      partner for global alliances




Source: Braskem                                       9
Acquisition of
  Sunoco
 Chemicals

Bernardo Gradin

 Carlos Fadigas

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Presentation sunoco acquisition

  • 1. Acquisition of Sunoco Chemicals Bernardo Gradin Carlos Fadigas
  • 2. Forward-looking Statements This presentation contains forward-looking statements. These statements do not represent historical fact, but rather reflect the beliefs and expectations of Braskem’s management. The words “anticipate”, “wish”, “expect”, “estimate”, “intend”, “forecast”, “plan”, “predict”, “project”, “target” and similar words are intended to identify these statements. Although Braskem believes that the expectations and assumptions reflected by these forward-looking statements are reasonable and based on information currently available to management, Braskem cannot guarantee future results or events. The forward-looking statements in this presentation are valid only on the date they are made (September 30, 2009) and the Company does not assume any obligation to update them in light of new information or future developments Braskem is not responsible for any transaction or investment decision taken based on the information in this presentation. 2
  • 3. Transaction Overview • On February 1, 2010 Braskem acquired 100% of the shares of Sunoco Chemicals1, made up of the Sunoco Polypropylene Business – 950 kty of PP. • Braskem America, a wholly owned subsidiary of Braskem, S.A. acquired the business for $350 million in cash, to be paid within 60 days. • Sunoco Chemicals: – 4th largest supplier of PP in North America – 3 plants: La Porte - TX, Marcus Hook - PA and Neal - WV – Research & Tech Center: Pittsburgh, PA – Competitive margins – Well-located and state-of-the-art facilities run by experienced employees 1 The Phenol Business does not form part of this transaction 3
  • 4. Benefits and Strategic Drivers • Further internationalization of a world scale player • Acquisition of upgraded and competitive assets with access to a highly skilled management team and workforce • Development of a base of global production in a market with further industry consolidation opportunities • Foothold in the U.S. enhancing market for greenfield projects in Latin American • Value creation Adding Sunoco Chemicals to the Braskem group furthers our objective of being among the top 5 global petrochemical companies in the world. 4
  • 5. Polypropylene Market in the U.S. • Polypropylene resins are one of the fastest-growing categories of thermoplastic resins in the world • SRI estimates PP consumption growth at 1.3 – 1.7 times US GDP growth • U.S. is the largest global consumer of PP at 12% of global production • 5 largest producers have over 60% of the market • Producers out of the Gulf hub have feedstock competitive advantage • Sunoco is amongst the most competitive in the US PP industry Source: UBS 5
  • 6. Sunoco Chemicals Overview • State-of-the-art R&T center and facilities operating SpheripolTM and UNIPOLTM PP technologies – Established industry reputation for providing high quality products and services – Superior safety record • Serves a broad range of clients with top 10 customers accounting for 52% of total sales volume • Favorable cost position and feedstock integration – Ability to access lower cost feedstock with 60% of total capacity located outside US Gulf Coast – Robust transportation infrastructure • Flexible product mix including high margin products • Strong management team and workforce – Recent restructuring without material impact to the business Source: Sunoco Inc 6
  • 7. Braskem - # 1 Resin Producer in the Americas, now with plants in the USA Key Financials (2009 LTM* ProForma): Resins capacity (kton/y) 6,460 Gross Revenue R$ 27.3 billion 510 Net Revenue R$ 20.8 billion EBITDA R$ 3.0 billion Total Assets R$ 34.6 billion 2,915 *LTM: oct/08 to sep/09 PVC Profile: PP PE 29 petrochemical plants : 26 in Brazil and 3 in the USA 3,035 Listed on 3 stock exchanges: BM&FBovespa, NYSE and Latibex Source: Braskem / Company estimates 7
  • 8. Sunoco Chemicals acquisition does not change Capital Structure and Leverage • Strong liquidity with cash and cash equivalents of approximately R$8 billion (US$4.3 billion) • Capital structure with significant capacity (net debt/EBITDA) of approximately 3x Estimated Capital Estimated Capital ProForma Increase R$4.5bi – Increase R$4.5bi – Sep 09 Sunoco Chemicals Quattor Acquisition Acquisition Cash & Cash Equiv. 4,274 8,074 7,444 Gross Debt 17,470 17,470 17,470 Net Debt 13,197 9,397 10,027 Net Debt / EBITDA 4.55x 3.24x 3.30x Source: Braskem, Unipar and Sunoco Inc 8
  • 9. Strategic Roadmap 2020 Objective: Leader in the Americas, rank among the 5 largest petrochemical companies worldwide and to be positioned as the preferred partner for global alliances Source: Braskem 9
  • 10. Acquisition of Sunoco Chemicals Bernardo Gradin Carlos Fadigas