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Stocks B / Braskem S.A.


Subject:  Braskem S.A. in joint venture with Pequiven Date:  5/11/2006  4:52 PM
Author:  lanoush Number:  3 of 7

On 4/17/06 there was an article about Braskem having just signed an agreement for a joint venture with Pequiven (Venezuelan oil company) to build a chemical and plastics plant in Venezuela. The memorandum of understanding for this agreement dated from Feb. 2005, and it looks as if ExxonMobil was originally the partner and was exchanged for Braskem.

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