Braskem Gradin to take up position in parent company

22 November 2010 18:04  [Source: ICIS news]

HOUSTON (ICIS)--Braskem said on Monday outgoing chief executive Bernardo Gradin would take a “strategic position” in the Odebrecht group, which controls the Brazilian company.

Braskem on Monday said Gradin would step down in 2011, adding that his job would go to Carlos Fadigas, who is now overseeing the company’s operations in the US.

Fadigas would take over at the beginning of 2011, Braskem’s spokesperson Ana Paiva said.

Odebrecht holds 50.1% of Braskem’s voting capital, according to information on the company’s website.

Brazil’s state-run oil company Petrobras is the other major shareholder, with a 47.0% stake in the company.

For more on Braskem’s plants visit ICIS plants and projects
To discuss issues facing the chemical industry go to ICIS connect

By: William Lemos
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index