Braskem (NYSE: BAK) outlines R$97M related-party utilities deal with DAC
Rhea-AI Filing Summary
Braskem S.A. disclosed a related-party transaction involving a long-term utilities supply agreement with Distribuidora de Águas Camaçari S.A. (DAC). Braskem will supply electric power, steam, service air, instrument air and clarified water from its Camaçari, Bahia plant to DAC, also in Camaçari, from January 1, 2026 through December 31, 2030, for a total amount of up to R$97 million.
The contract sets specific volumes for each utility and includes detailed termination events, such as uncured default, breaches of anti-corruption or confidentiality obligations, prolonged force majeure and termination without cause, which carries a penalty equal to 100% of the outstanding balance. Braskem states that pricing reflects market conditions and that the arrangement is expected to generate positive margins based on the operational rate and generation capacity of its plants. The company also notes that the counterparty and its partners or managers did not take part in Braskem’s decision-making process or negotiations.
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Insights
Braskem outlines a 5-year, related-party utilities contract with capped value and governance safeguards.
Braskem describes a utilities supply agreement with DAC running from January 1, 2026 to December 31, 2030, with a total amount of up to R$97 million. Utilities include electric power, steam, service air, instrument air and clarified water at defined volumes, indicating a structured, ongoing operating relationship between the two Camaçari facilities.
The relationship qualifies as a related-party transaction because Braskem has significant influence over Cetrel S.A., which controls DAC. The company highlights that contract pricing is set in line with market conditions and targets positive margins, and that the counterparty and its partners or managers did not participate in Braskem’s internal decision process. Termination provisions cover uncured default, compliance breaches, extended force majeure and early termination without cause, with a penalty equal to 100% of the outstanding balance, which may affect how each side evaluates exit decisions over the contract term.
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 January, 2026
(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- _____.
NOTICE ON RELATED-PARTY TRANSACTIONS
São Paulo, January 12, 2026 - Braskem S.A. (“Braskem”), in compliance with article 33, XXXII of CVM Resolution 80/2022, hereby informs its shareholders and the market in general of the following transaction between related parties:
| Parties | Braskem S.A and Distribuidora de Águas Camaçari S.A. (“DAC”) |
| Relationship with the issuer | Braskem S.A. (“Braskem” or the “Company”) is a shareholder with Significant Influence over Cetrel S.A., which, is the controlling shareholder of DAC. |
| Purpose | Supply Agreement for Electric Power, Steam, Service Air, Instrument Air, and Clarified Water (“Utilities”) by Braskem, from the plant located in Camaçari/BA to DAC, also located in Camaçari/BA. |
| Key Terms and Conditions |
(i) Term: from January 1, 2026 to December 31, 2030. (ii) Contractual Volumes: Electric Power: 4.37 MW Steam: 0.4 t/h Service Air: 162,000 Nm³/month Instrument Air: 360,000 Nm³/month Clarified Water: 62,050 m³/month
(iii) Total amount: Up to R$97 million.
(iv) Termination events: by Braskem, in case of resale/assignment without authorization or unauthorized installation compromising safety; and by either party, in case of uncured default (30 days), breach of anti-corruption/confidentiality obligations, force majeure (if impossibility lasts more than 180 days), termination without cause (penalty of 100% of the outstanding balance), or legal/regulatory imposition.
|
| Transaction date | 01/01/2026 |
1
| Possible participation of the counterparty, its partners, or managers in the issuer's decision-making process or negotiation of the transaction as representatives of the issuer | There was no participation by the counterparty, the counterparty's partners or the counterparty's administrators in Braskem's decisionmaking process or in the negotiation of the aforementioned contracts. |
| Detailed justification of the reasons why the issuer's management considers that the transaction has complied with commutative conditions or provides for an appropriate reverse payment |
The supply of Utilities by Braskem considers the operational rate of the plants and the generation capacity of the products with positive margins for Braskem, as well as the pricing established in accordance with market conditions.
|
2
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: January 12, 2026
| BRASKEM S.A. | |||
| By: | /s/ Felipe Montoro Jens | ||
| Name: | Felipe Montoro Jens | ||
| Title: | Chief Financial Officer | ||
DISCLAIMER ON 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.
FAQ
What related-party transaction did Braskem (BAK) disclose in January 2026?
Braskem disclosed a related-party utilities supply agreement with Distribuidora de Águas Camaçari S.A. (DAC). Under this contract, Braskem will supply electric power, steam, service air, instrument air and clarified water from its Camaçari, Bahia plant to DAC for a total amount of up to R$97 million.
What is the term of Braskem's utilities contract with DAC?
The utilities supply agreement between Braskem and DAC runs from January 1, 2026 to December 31, 2030, establishing a five-year supply period for multiple utilities at defined volumes.
Why is DAC considered a related party to Braskem (BAK)?
DAC is considered a related party because Braskem is a shareholder with Significant Influence over Cetrel S.A., which is the controlling shareholder of DAC. This ownership chain creates a related-party relationship under applicable rules.
How large is the utilities contract between Braskem and DAC?
The total amount of the utilities supply agreement is stated as up to R$97 million over the contract term from 2026 through 2030. This covers the supply of electric power, steam, service air, instrument air and clarified water at specified volumes.
What termination events are included in Braskem's contract with DAC?
The contract allows termination by Braskem in cases such as unauthorized resale or installation that compromises safety, and by either party for uncured default after 30 days, breach of anti-corruption or confidentiality obligations, or force majeure lasting more than 180 days. Termination without cause is allowed but carries a penalty equal to 100% of the outstanding balance.
Did DAC or its managers participate in Braskem's decision on this related-party transaction?
Braskem states that there was no participation by DAC, its partners or its administrators in Braskem’s decision-making process or in the negotiation of the utilities contracts, indicating that internal approvals were handled solely within Braskem.
How does Braskem justify the pricing of the utilities contract with DAC?
Braskem explains that the supply of utilities considers the operational rate of the plants and the generation capacity of the products with positive margins for Braskem, and that pricing was established in accordance with market conditions.
