SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
FORM 6-K
REPORT OF FOREIGN
PRIVATE ISSUER PURSUANT TO RULE 13A-16
OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of September, 2020
(Commission
File No. 1-14862 )
BRASKEM S.A.
(Exact Name as Specified
in its Charter)
N/A
(Translation of
registrant's name into English)
Rua Eteno, 1561,
Polo Petroquimico de Camacari
Camacari, Bahia - CEP 42810-000 Brazil
(Address of principal
executive offices)
Indicate by check mark
whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
Indicate by check mark
if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
Indicate by check mark
if the registrant is submitting the Form 6-K
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___
If "Yes" is marked, indicate
below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____.
São Paulo, September 29, 2020
Brazilian Securities & Exchange
Commission (CVM)
Ref.: Official
Letter no. 320/2020/CVM/ SEP/GEA-1 - Request for clarification of media reports
Dear Sir/Madam:
In reference to Official Letter 320/2020/CVM/SEP/GEA-1
(“Official Letter”), dated September 28, 2020, through which you requested clarifications from Braskem S.A. (“Braskem”
or “Company”) with regard to the report published in the newspaper O Globo, in the column of Lauro Jardim, as transcribed
below:
“There’s only problems.
If the R$8.7 billion that Braskem
already has committed to pay in compensation for the subsiding of soil in four districts of Maceió, Alagoas were not enough,
now the environmental liabilities are starting to emerge.
This time the problem is at
Braskem’s solvents plant in Madre de Deus, Bahia. The claim, dating from two decades earlier, involves soil contamination.
Even Braskem could make the problem public to facilitate its sale, since the agents participating in the process are forcing the
company to get all its skeletons out of the closet.”
In this regard, Braskem informs that,
over 30 years ago a leak of chemical products occurred from a tank installed on a property owned by the company Companhia Carbonos
Coloidais (“CCC”), located in Madre de Deus, Bahia. These products were property of the company Tecnor Tecnolumen Química
do Nordeste Ltda. (“Tecnor”) and may have been acquired by domestic producers at the time, including Companhia Petroquímica
de Camaçari, a company that subsequently was merged into Braskem. Both CCC and Tecnor are companies that have never had
any corporate relations with Braskem and no longer have any operating activities. Moreover, the Company clarifies that it has never
had any industrial operation in the Municipality of Madre de Deus, Bahia.
In this sense and given the Company’s
experience in the chemical and petrochemical industry and related products, the authorities requested Braskem’s collaboration
for analysis, studies and environmental remediation, with monitoring by local authorities, which has been occurring since 2003,
and is not related to any potential sale of the Company. For the remediation actions, the Company estimates the approximate amount
of R$110 million, which has been partially provisioned.
Braskem has been having discussions with
the authorities regarding the continuity of the required environmental remediation actions and will keep the market informed of
any material developments related to the matter, to the extent required by applicable law, and cannot predict with certainty future
developments in respect of this matter and the costs to be incurred by the Company may be different than estimated.
Lastly, Braskem reaffirms its constant
efforts to act in compliance with the best environmental and social management practices, for its Team Members and local communities.
Sincerely,
Pedro van Langendonck Teixeira de Freitas
Chief Financial and Investor Relations Officer
Braskem S.A.
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: September 29, 2020
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BRASKEM S.A.
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By:
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/s/ Pedro van Langendonck Teixeira de Freitas
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Name:
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Pedro van Langendonck Teixeira de Freitas
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Title:
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Chief Financial Officer
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CAUTIONARY
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This
report on Form 6-K may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995. These statements are statements that are not historical facts, and are based on our management’s current view and estimates
of future economic and other circumstances, industry conditions, company performance and financial results, including any potential
or projected impact of the geological event in Alagoas and related legal proceedings and of COVID-19 on our business, financial
condition and operating 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 potential outcome of legal and administrative proceedings, the implementation of principal operating and
financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting our
financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the
current views of our management and are subject to a number of risks and uncertainties, many of which are outside of the our control.
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, including the projected impact of the geological event in Alagoas and related legal proceedings and the
unprecedented impact of COVID-19 pandemic on our business, employees, service providers, stockholders, investors and other stakeholders,
could cause actual results to differ materially from current expectations. Please refer to our annual report on Form 20-F
for the year ended December 31, 2019 filed with the SEC, as well as any subsequent filings made by us pursuant to the Exchange
Act, each of which is available on the SEC’s website (www.sec.gov), for a full discussion of the risks and other factors
that may impact any forward-looking statements in this presentation.
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