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6-K Filing
Braskem (BAK) 6-KCurrent report (foreign)
Filed: 9 May 19, 12:00am
(Commission File No. 1-14862 )
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___
NOTICE TO THE MARKET
São Paulo, May 8, 2019 –BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), complementing the Notices to the Market and the Material Fact dated April 2, 5 and 15, hereby informs its shareholders and the market that it became aware, on the date hereof, of the Report no. 1 presented by the Brazilian Geological Service (CPRM) on the geological phenomen that occurred in the city of Maceió, whose full version is available on the websitewww.cprm.gov.br.
This report indicates the occurrence (i) of destabilization of cavities resulting from sodium chloride extraction, which created a dynamic situation with reactivation of preexisting geological structures, subsidence and deformations in regions of the Pinheiro, Mutange and Bebedouro districts; and (ii) of instability in the Pinheiro district aggravated by the erosive effects caused by an increase in the infiltration of stormwater runoff in prexisting fractures in extremely erodible soil, accelerated due to lack of an effective stormwater runoff drainage network and of adequate basic sanitation, among other factors.
Braskem has been collaborating with the authorities to identify the causes, with the support of independent experts, and remains committed to implementing solutions. The Company will analyze the results of the report, as well as the appropriate measures to take regarding the matter.
For more information, please contact Braskem’s Investor Relations Department by calling +55 (11) 3576-9531 or by sending an e-mail to braskem-ri@braskem.com.br.
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: May 8, 2019BRASKEM S.A. | |||
By: | /s/ Pedro van Langendonck Teixeira de Freitas | ||
Name: | Pedro van Langendonck Teixeira de Freitas | ||
Title: | Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial 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 declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. 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 could cause actual results to differ materially from current expectations.