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Conference Call
        3Q10

     Investor Relations
Sao Paulo, November 12, 2010
Forward-looking Statements

This presentation contains forward-looking statements. These statements are not
historical facts and are based on management’s objectives and estimates. The
words "anticipate", "believe", "expect", "estimate", "intend", "plan", "project",
"aim" and similar words indicate forward-looking statements. Although we believe
they are based on reasonable assumptions, these statements are based on the
information currently available to management and are subject to a number of
risks and uncertainties.

The forward-looking statements in this presentation are valid only on the date
they are made (September 30, 2010) 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
Highlights
                                                                                                          Quattor                            Braskem America
                                                                                                         R$ million                             R$ million
                                                                                                                         302          65
        Braskem’s EBITDA was R$ 1,030 million in 3Q10,                                                        +41%
                                                                                                                                                                56
        in a scenario marked by the downcycle of the                                                       214                                          +43%
                                                                                                                                      47*         40
        petrochemical industry and Real appreciation                                           +99%


                                                                                            107
        Crackers in the quarter operated at capacity
        operating rate of over 90% for the first time since
        the asset merger
                                                                                           1Q10          2Q10          3Q10          1Q10        2Q10          3Q10
        Braskem’s domestic resin sales rose 17% from                               Mg      16.3%         15.0%          18.2%   Mg   12.0%       7.1%          9.8%
        2Q10 and 11% from 9M09

         Braskem is committed to its financial solidity: Net Debt/EBITDA* ratio fell from 3.46x (acquisition in January 2010)
         to 2.63x in the quarter
         US$ 450 million raised in perpetual bonds with coupon of 7.375% p.a., lengthening its pro-forma average debt
         term to 11.9** years
         Start up of the Green Ethylene plant led Braskem to become the global leader in biopolymers
         Advances in the process of integrating and improving the performance of the Quattor assets
           •     3Q10 EBITDA was R$ 302 million
           •     Merger of Riopol shares by Braskem on August 30
           •     Synergies implemented total R$ 235 million in annual and recurring EBITDA for 2011
           •     SEAE and SDE of the Ministry of Justice recommend to CADE the unqualified approval of the Quattor acquisition


*EBITDA in Last 12 Months (LTM)
                                                                                                                                                                      3
** Includes the bond issue in October and call in December 2010 of the US$150 million in perpetual bonds with coupon of 9.75%
Domestic market performance

 Domestic Resin Performance - 3Q10 vs. 2Q10                                      Origin of Imports in 3Q10
                                                                                 (PE, PP and PVC)
  Braskem’s Sales                            17%
  Brazilian market                          16%                                                                 Latin America
                                                                                                                   (others)
                                                                                                                      1%
                                                                                                      Others
                                                                                                       14%
  Braskem’s Sales by Sector - 3Q10 vs. 2Q10                                                Europe
                                                                                             9%
 CONSUMER GOODS                             16%
                                                                                         Asia
                                                                                         11%                    North America
  DURABLE GOODS             -8%                                                                                      33%

                                                                                Mexico
     AGRICULTURE                                      31%                                  Colombia
                                                                                 2%
                                                                                             14%    Argentina
   CONSTRUCTION                        14%                                                             16%

      INDUSTRIAL                                     29%
                                                                                                Import tariff = 0%
         OTHERS                       12%

                                                                                 The Americas account for 66% of imports

   Growth explained by seasonality, higher income, credit
   and industrial activity in 3Q10                                                Imports continued to represent 26% of
                                                                                  the domestic market
   Durable Goods: slowdown in automotive and home
   appliance sectors due to elimination of IPI tax benefits

                                                              Source: Tendências Consultoria, Abiquim, Braskem                  4
Strong cash generation and competitive margins

                                   EBITDA (R$ million)



                           1,110                                     0.0%
                                           1,042             1,030   -20.0%
                                                                     -40.0%
                                                                     -60.0%
                                                                     -80.0%
                                                                     -100.0%
                                                                     -120.0%
                                                                     -140.0%
                          3Q09             2Q10              3Q10
                                         EBITDA Margin (%)




                  Financial Result                                   3Q10      2Q10    3Q09     Var.       Var.
                                                                      (A)       (B)     (C)    (A)/(B)   (A)/(C )
                  Net Financial Result                                193      (575)   244      -134%       -21%
                  Foreign Exachange (FX) and Monetary                 599      (216)   609      -377%        -2%
                  (MV) Variation
                  Financial Result excluding F/X and MV              (406)     (359)   (364)      13%        22%

                  Non recurring                                      (140)     (51)      -       175%           -
                  Financial Result Adjusted                          (266)     (308)   (364)     -14%       -27%


                                                                                                                    5
Source: Braskem
EBITDA in 3Q10 vs. 2Q10

  Higher sales volume was impacted by lower                                                          R$ million
  margins, due to the narrower spreads in the
  international market (a trend that reversed only in
  August) and to the Real appreciation                       FX impact
                                                              on costs        95


                                                                         FX impact on
                                                             (160)       revenues
                            301


                  1,042                                                                         1,030
                                       ( 228)
                                                   ( 65 )      ( 10 )                   ( 11)




                  EBITDA   Volume   Contribution    FX      Fixed Costs             Others      EBITDA
                   2Q10               Margin                   SG&A                              3Q10

                                                                                                                  6
Source: Braskem
Lower leverage and longer average debt term


                                                                                   Net Debt/ EBITDA             Net Debt / EBITDA
                                                                                     (R$ million)                 (US$ million)
                                                                                            -7%                       -3%

                                                                               2.84x              2.63x       2.84x           2.75x




                                                                              Jun 10              Sep 10     Jun 10         Sep 10
   3,505

    762                                                                           2,781*

                                        16%                                        501
                                                                                                                * Includes the
                                               14%        14%
                       13%                                                         17%                      perpetual bond issue
                                                                      13%
                                10%                                                                        in October and the call
   2,743
                                       2,155   1,946                             2,281                      in December 2010 of
                       1,747                             1,889
                                                                     1,683                                    US$ 150 million in
                               1,375                                                                          perpetual bonds.
               3%
                                                                                                           Average term increases
               386                                                                                              to 11.9 years

  09/30/10    2010     2011    2012    2013    2014      2015/        2017/        2019
    Cash                                                 2016         2018        onwards
                                                       Does not include transaction costs
     Invested in R$
     Invested in US$
                                                                                                                                      7
New funding lengthens debt term to 11.9 years
                               Dec/2009                                                                                                         Sept/2010*

                Total Debt:              R$ 17,131 MM                                                                            Total Debt                R$ 14,178 MM
                     Braskem :             R$ 9,760 MM                                                                                Debt:                       R$ 13,416 MM
                     Quattor:              R$ 7,371 MM                                                                                Perpetual Bonds:            R$ 762 MM
                     Cash:                 R$ (6,231) MM                                                                              Cash:                       R$ (4,266) MM
                Net Debt:               R$ 10,900 MM                                                                             Net Debt:                 R$ 9,912 MM
Leverage




                EBITDA:                 R$ 3,150 MM                                                                              EBITDA:                   R$ 3,766 MM
                                                                  Reduction in gross debt
                Average term:            6.6 years                Increase in average term                                       Average Term:              11.9 years


                RATIOS                                                                                                           RATIOS
                Total Debt/EBITDA:             5.44x                                                                             Total Debt/EBITDA:                     3.78x
                Net Debt/EBITDA:               3.46x                                                                             Net Debt/EBITDA:                       2.63x




                                                                                                                                                             Foreign
                       Foreign                                                                                                                              Entities 0%
                      Entities 5%

                                                                             Reduction in share
                                                                             of bank debt                                                         Gov. Entities
                                                                                                                                                                       Bank 37%
               Gov. Entities                                                                                                                         26%
Debt Profile




                  22%
                                    Bank 52%

                 Capital
                Market 21%                                                                                                                                Capital
                                                                                                                                                         Market 37%


                                                           (*) Figures for September 2010 include the issue of US$450 MM in perpetual bonds and exercise of the
                                                           US$150 MM call in perpetual bonds                                                                                      8
Synergies from Quattor acquisition of R$ 235 million
 in EBITDA for 2011

  2012 EBITDA*: R$ 400 million

                                                                                 Efficient and rapid
  R$ million
                                                                                 implementation of actions
                                                      13
                                                                                 to capture synergies

                                      49                                            Integrated planning for
                                                                                    industrial units
                                                                                    Optimization of the use of
                                                                                    additives and catalyzers
                                                                    235

                                                                                    Optimization of freight
                 173
                                                                                    and gains in distribution
                                                                                    and storage
                                                                                    Joint purchase of materials
                                                                                    for industrial operations
               Industrial           Logistics        Supply   EBITDA Synergies




                                                                                                                  9
Source: Braskem             * Annual and recurring
Growth strategy
 On the path to leadership in sustainable chemicals

                                                                                   Innovation
                                                                                     Pipeline
                                                      Green PP
                                                        2013                  Meet global demand for
                         Green PE                                             sustainable products
                           2010                  Innovation in bioplastic     Guarantee CO2 sequestration
                                                 market                       Partnerships for the
                   Successful track record for   Production integrated with   development of competitive
Braskem becomes implementing projects:           green propylene              technologies
a global leader in term and costs                Capture of 2.3ton CO2/ton
   biopolymers                                   PP
                   Capture of 2.5ton CO2/ton
                   PE
                                                                              Cooperation agreement with
                    Partnership with Clients                                  Cempes
                                                                              Development of other
                                                                              crackers streams




                                                                                                            10
Growth strategy
Projects with competitive materials
Ethylene XXI Project
                                                                                                         Ethylene
Characteristics                                                 Ethane
                                                              66,000 bpd                              1,000 kton/y
   Startup: 2015
                                              PEMEX Gás (Basic Petrochemicals)
   JV Braskem (65%) and IDESA (35%)
                                                                                       Cracker
   Integrated project: 1 Mton ethylene and                                             Ethane
   1Mton PEs                                         Gas
   Investment: US$ 2.5 billion
   Financial advisor: Sumitomo
                                                                                                        Polyethylene
Focus 2010/2011                                                                                  1,000 kton/y

   Selection of technology: Ineos for 2 out
                                                                                                     Manufacturing
   of 3 PE Plants                                                                                      Industry
   Definition of EPC agreement and                PEMEX Exploration
                                                   and Production
   project’s FEED
   Structuring of Project Finance: already
   received US$ 3 billion in letters of
   interest

Attractiveness
     Today Mexico imports around 70% of its demand                           Proj.
                                                                             EXXI in
     (1.8 million ton/year of PE)                                            2014

     1st quartile in cost curve
     Fragmented market: 3,500 converters
                                                                                                                       11
Outlook and Priorities
Petrochemical Market
    Global industry still in the downcycle. Mitigating factors:
         Operational instability and delays in the startup of new plants
         Global demand higher than expected, led by developing countries like China, India and Brazil

Existing Assets
    Maintaining growth in domestic sales in relation to 2009, aligned with the better performance of the
    Brazilian market (GDP and demand growth should exceed 7% and 12%, respectively)
    Ensure capture of the identified synergies
    Adding value through the acquired assets
         Quattor: continue improvement in its operational efficiency
         Braskem America: return above capital employed

Financial
    Leverage reduction to achieve investment grade credit rating
    Maintaining liquidity and financial discipline

Growth
    Expand the use of renewable feedstock
    Implementing Projects in Latin America, which are based on competitive raw materials
    Comperj
    Green Chemicals                                                                                        12

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Conference call presentation 3 q10 results

  • 1. Conference Call 3Q10 Investor Relations Sao Paulo, November 12, 2010
  • 2. Forward-looking Statements This presentation contains forward-looking statements. These statements are not historical facts and are based on management’s objectives and estimates. The words "anticipate", "believe", "expect", "estimate", "intend", "plan", "project", "aim" and similar words indicate forward-looking statements. Although we believe they are based on reasonable assumptions, these statements are based on the information currently available to management and are subject to a number of risks and uncertainties. The forward-looking statements in this presentation are valid only on the date they are made (September 30, 2010) 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. Highlights Quattor Braskem America R$ million R$ million 302 65 Braskem’s EBITDA was R$ 1,030 million in 3Q10, +41% 56 in a scenario marked by the downcycle of the 214 +43% 47* 40 petrochemical industry and Real appreciation +99% 107 Crackers in the quarter operated at capacity operating rate of over 90% for the first time since the asset merger 1Q10 2Q10 3Q10 1Q10 2Q10 3Q10 Braskem’s domestic resin sales rose 17% from Mg 16.3% 15.0% 18.2% Mg 12.0% 7.1% 9.8% 2Q10 and 11% from 9M09 Braskem is committed to its financial solidity: Net Debt/EBITDA* ratio fell from 3.46x (acquisition in January 2010) to 2.63x in the quarter US$ 450 million raised in perpetual bonds with coupon of 7.375% p.a., lengthening its pro-forma average debt term to 11.9** years Start up of the Green Ethylene plant led Braskem to become the global leader in biopolymers Advances in the process of integrating and improving the performance of the Quattor assets • 3Q10 EBITDA was R$ 302 million • Merger of Riopol shares by Braskem on August 30 • Synergies implemented total R$ 235 million in annual and recurring EBITDA for 2011 • SEAE and SDE of the Ministry of Justice recommend to CADE the unqualified approval of the Quattor acquisition *EBITDA in Last 12 Months (LTM) 3 ** Includes the bond issue in October and call in December 2010 of the US$150 million in perpetual bonds with coupon of 9.75%
  • 4. Domestic market performance Domestic Resin Performance - 3Q10 vs. 2Q10 Origin of Imports in 3Q10 (PE, PP and PVC) Braskem’s Sales 17% Brazilian market 16% Latin America (others) 1% Others 14% Braskem’s Sales by Sector - 3Q10 vs. 2Q10 Europe 9% CONSUMER GOODS 16% Asia 11% North America DURABLE GOODS -8% 33% Mexico AGRICULTURE 31% Colombia 2% 14% Argentina CONSTRUCTION 14% 16% INDUSTRIAL 29% Import tariff = 0% OTHERS 12% The Americas account for 66% of imports Growth explained by seasonality, higher income, credit and industrial activity in 3Q10 Imports continued to represent 26% of the domestic market Durable Goods: slowdown in automotive and home appliance sectors due to elimination of IPI tax benefits Source: Tendências Consultoria, Abiquim, Braskem 4
  • 5. Strong cash generation and competitive margins EBITDA (R$ million) 1,110 0.0% 1,042 1,030 -20.0% -40.0% -60.0% -80.0% -100.0% -120.0% -140.0% 3Q09 2Q10 3Q10 EBITDA Margin (%) Financial Result 3Q10 2Q10 3Q09 Var. Var. (A) (B) (C) (A)/(B) (A)/(C ) Net Financial Result 193 (575) 244 -134% -21% Foreign Exachange (FX) and Monetary 599 (216) 609 -377% -2% (MV) Variation Financial Result excluding F/X and MV (406) (359) (364) 13% 22% Non recurring (140) (51) - 175% - Financial Result Adjusted (266) (308) (364) -14% -27% 5 Source: Braskem
  • 6. EBITDA in 3Q10 vs. 2Q10 Higher sales volume was impacted by lower R$ million margins, due to the narrower spreads in the international market (a trend that reversed only in August) and to the Real appreciation FX impact on costs 95 FX impact on (160) revenues 301 1,042 1,030 ( 228) ( 65 ) ( 10 ) ( 11) EBITDA Volume Contribution FX Fixed Costs Others EBITDA 2Q10 Margin SG&A 3Q10 6 Source: Braskem
  • 7. Lower leverage and longer average debt term Net Debt/ EBITDA Net Debt / EBITDA (R$ million) (US$ million) -7% -3% 2.84x 2.63x 2.84x 2.75x Jun 10 Sep 10 Jun 10 Sep 10 3,505 762 2,781* 16% 501 * Includes the 14% 14% 13% 17% perpetual bond issue 13% 10% in October and the call 2,743 2,155 1,946 2,281 in December 2010 of 1,747 1,889 1,683 US$ 150 million in 1,375 perpetual bonds. 3% Average term increases 386 to 11.9 years 09/30/10 2010 2011 2012 2013 2014 2015/ 2017/ 2019 Cash 2016 2018 onwards Does not include transaction costs Invested in R$ Invested in US$ 7
  • 8. New funding lengthens debt term to 11.9 years Dec/2009 Sept/2010* Total Debt: R$ 17,131 MM Total Debt R$ 14,178 MM Braskem : R$ 9,760 MM Debt: R$ 13,416 MM Quattor: R$ 7,371 MM Perpetual Bonds: R$ 762 MM Cash: R$ (6,231) MM Cash: R$ (4,266) MM Net Debt: R$ 10,900 MM Net Debt: R$ 9,912 MM Leverage EBITDA: R$ 3,150 MM EBITDA: R$ 3,766 MM Reduction in gross debt Average term: 6.6 years Increase in average term Average Term: 11.9 years RATIOS RATIOS Total Debt/EBITDA: 5.44x Total Debt/EBITDA: 3.78x Net Debt/EBITDA: 3.46x Net Debt/EBITDA: 2.63x Foreign Foreign Entities 0% Entities 5% Reduction in share of bank debt Gov. Entities Bank 37% Gov. Entities 26% Debt Profile 22% Bank 52% Capital Market 21% Capital Market 37% (*) Figures for September 2010 include the issue of US$450 MM in perpetual bonds and exercise of the US$150 MM call in perpetual bonds 8
  • 9. Synergies from Quattor acquisition of R$ 235 million in EBITDA for 2011 2012 EBITDA*: R$ 400 million Efficient and rapid R$ million implementation of actions 13 to capture synergies 49 Integrated planning for industrial units Optimization of the use of additives and catalyzers 235 Optimization of freight 173 and gains in distribution and storage Joint purchase of materials for industrial operations Industrial Logistics Supply EBITDA Synergies 9 Source: Braskem * Annual and recurring
  • 10. Growth strategy On the path to leadership in sustainable chemicals Innovation Pipeline Green PP 2013 Meet global demand for Green PE sustainable products 2010 Innovation in bioplastic Guarantee CO2 sequestration market Partnerships for the Successful track record for Production integrated with development of competitive Braskem becomes implementing projects: green propylene technologies a global leader in term and costs Capture of 2.3ton CO2/ton biopolymers PP Capture of 2.5ton CO2/ton PE Cooperation agreement with Partnership with Clients Cempes Development of other crackers streams 10
  • 11. Growth strategy Projects with competitive materials Ethylene XXI Project Ethylene Characteristics Ethane 66,000 bpd 1,000 kton/y Startup: 2015 PEMEX Gás (Basic Petrochemicals) JV Braskem (65%) and IDESA (35%) Cracker Integrated project: 1 Mton ethylene and Ethane 1Mton PEs Gas Investment: US$ 2.5 billion Financial advisor: Sumitomo Polyethylene Focus 2010/2011 1,000 kton/y Selection of technology: Ineos for 2 out Manufacturing of 3 PE Plants Industry Definition of EPC agreement and PEMEX Exploration and Production project’s FEED Structuring of Project Finance: already received US$ 3 billion in letters of interest Attractiveness Today Mexico imports around 70% of its demand Proj. EXXI in (1.8 million ton/year of PE) 2014 1st quartile in cost curve Fragmented market: 3,500 converters 11
  • 12. Outlook and Priorities Petrochemical Market Global industry still in the downcycle. Mitigating factors: Operational instability and delays in the startup of new plants Global demand higher than expected, led by developing countries like China, India and Brazil Existing Assets Maintaining growth in domestic sales in relation to 2009, aligned with the better performance of the Brazilian market (GDP and demand growth should exceed 7% and 12%, respectively) Ensure capture of the identified synergies Adding value through the acquired assets Quattor: continue improvement in its operational efficiency Braskem America: return above capital employed Financial Leverage reduction to achieve investment grade credit rating Maintaining liquidity and financial discipline Growth Expand the use of renewable feedstock Implementing Projects in Latin America, which are based on competitive raw materials Comperj Green Chemicals 12