Date:September 12, 2023 Announcement no: 30 ISIN: DK0061676400 WPU -Waste Plastic Upcycling A/S ("WPU") - Braskem notifies about WPU feedstock purchase agreement with VitolToday BRASKEM S.A. ("Braskem" or "Company") (Ticker B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) informed its shareholders and the market that Braskem has signed an agreement ("Agreement"), through its subsidiaryBraskem Netherlands B.V . ("Braskem BV "), withVitol S.A. ("Vitol"), a multinational energy and commodity company, to purchase circular feedstock from Vitol produced by WPU -Waste Plastic Upcycling A/S ("WPU"). "The circular economy is an objective linked to Braskem's business strategy. Adopting initiatives that include plastic waste recovery, and mechanical, and chemical recycling in our production processes is connected to our company's purpose to provide a more circular and sustainable future. We believe that Vitol's infrastructure and expertise combined with WPU's plastic waste recycling technology will enable Braskem to take an important step towards developing sustainable solutions for our clients", saidWalmir Soller , VP of Olefins and Polyolefins atBraskem Europe &Asia . Global Head of Naphtha trading at Vitol,Tom Baker , said: "We are delighted to supply Braskem with pyrolysis oil from WPU, which complements Braskem's desire to further the circularity of its products globally. Incorporating waste-derived feedstock into the supply chain is a cost-effective upcycling solution that will ensure Braskem can meet its clients' sustainable needs." For Niels Stielund, chairman of the board at WPU -Waste Plastic Upcycling A/S , the agreement with Braskem is an important step. "We are delighted that we can support Braskem's efforts to achieve sustainability using the pyrolysis oil we produce at our factories. That a world-renowned actor like Braskem will now use our feedstock is a milestone for us and a stamp of approval for our proprietary technology. It also highlights how end-of-life plastic can be a valuable resource in a circular process instead of ending up in incinerators or landfills, and we are humbled and happy to embark on this journey with Braskem and Vitol", says Stielund. Attachment: Braskem notices about feedstock purchase agreement with Vitol This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act. For further information, contact: Klaus H Lindblad, Vice Chairman E-mail: KL@WPU-DK.COM
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