Could you provide us with a summary of Braskem Idesa’s 2025 operations and results?

In 2024, Braskem consolidated its leadership in polypropylene in the United States and maintained a prominent position in polyethylene production in Mexico. During the first half of 2025, the global petrochemical industry faced a complex environment, marked by pressures on raw material costs and high volatility in sales prices. Despite these challenges, Braskem Idesa demonstrated strong adaptability, maintaining its commitment to operational efficiency, industrial safety, and timely customer service, which allowed us to sustain our competitive position in the domestic market.

A key milestone of the second quarter was the first major scheduled shutdown in nine years of continuous operation. This carefully planned intervention was key to ensuring the integrity of our assets, raising reliability standards, and preparing the plant to operate at maximum capacity in the coming years. At the same time, we developed strategic inventories to guarantee supply to our clients during this transition period.

Leveraging our strategic location in the Gulf of Mexico, competitive energy costs, and solid diversification across sectors such as packaging, construction, and agriculture, we are well-positioned to continue growing, creating value, and building trust in the Mexican market.

How is Puerto Mexico Chemical Terminal transforming the national petrochemical industry?

The Puerto Mexico Chemical Terminal (TQPM) represents a turning point for both Braskem Idesa and Mexico’s petrochemical industry. With a joint investment of around US$500 million shared with Advario, this world-class infrastructure was built on a 10-hectare site and includes two cryogenic tanks with a storage capacity of 54,000 tons, as well as a delivery capacity of up to 80,000 bpd of ethane.

Thanks to this infrastructure, our plant is ready to operate at full capacity, reaching an annual production of up to 1.05 million t of polyethylene. This also drives the growth of Mexico’s polyethylene market, contributing to import substitution, securing supply, and consolidating the country’s petrochemical value chain.

The TQPM is also strategically integrated into the Interoceanic Corridor of the Isthmus of Tehuantepec, a key initiative to promote industrial development in the country’s southeast. This synergy between private infrastructure and public policy reinforces our commitment to regional growth and to strengthening Mexico’s petrochemical industry.

How is the acquisition and incorporation of new vessels strengthening Braskem Idesa’s operations?

As part of our strategy to guarantee a reliable supply of ethane through the TQPM, Braskem Idesa incorporated two state-of-the-art cryogenic vessels: Brilliant Future and Brave Future. These vessels, each 188 meters in length and with a capacity of 36,000 cubic meters, are equipped with dual-fuel engines that reduce CO₂ emissions by 40%.

Both vessels are dedicated to transporting ethane from Texas to Coatzacoalcos, ensuring a constant and efficient flow of raw materials.

What is your progress in implementing circular economy principles?

We have developed a solid portfolio of post-consumer recycled resins (PCR), including FDA-certified grades for food contact, enabling us to expand our offering of environmentally responsible solutions. In 2024, sales of PCR resins increased by 35% compared to the previous year, reflecting the success of our partnerships with clients and recyclers.

We complement this strategy with the production of bio-based polyethylene derived from sugarcane, which is 100% recyclable and significantly contributes to reducing the carbon footprint. This, together with initiatives such as Wenew, our circular economy platform, positions us as a benchmark in sustainable innovation within the petrochemical sector.

We actively collaborate throughout the value chain, with associations such as ANIQ and ANIPAC, as well as with our clients, to improve product design, promote responsible practices, and support initiatives such as Plastitrueque, which encourage recycling and conscious consumption. In 2024, our educational campaigns collected more than 150 t of post-consumer plastic waste and directly benefited over 40,000 people in local communities. In addition, our partnership with the Vida Circular platform and the signing of the National Agreement for the New Plastic Economy in Mexico reinforce the educational and community focus of our environmental strategy.

What are the company’s goals for the near future?

Our objective for the rest of 2025 is to consolidate a sustained recovery in our financial indicators, driven by a higher plant utilization rate and supported by the stable supply of ethane through the TQPM.