SAO PAULO, Feb. 12, 2015 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for 4Q14 and FY2014.

HIGHLIGHTS:

• In 4Q14, the Brazilian demand for thermoplastic resins (PE, PP, PVC) stood at 1.3 million tons, 5% down when compared to 3Q14, reflecting the usual period seasonality. In 2014, the resin market reached 5.3 million tons, 1% lower than in 2013. Braskem's resin sales followed the market trend, totaling 850 thousand tons in the quarter and 3.6 million tons in 2014.
• PP sales of the USA and Europe business unit decreased 4% from 3Q14, influenced by the postponement of a portion of purchases in the quarter. In 2014, sales volume grew 4% to 1,863 kton.
• Braskem's consolidated EBITDA reached R$1,352 million, down 10% from 3Q14. In U.S. Dollar, EBITDA was US$536 million. Compared to 4Q13, EBITDA increased 19% in Brazilian real and 6% in U.S. dollar.
• In 2014, Braskem recorded EBITDA of R$5,620 million. The Brazilian real depreciation and the recovery in petrochemical spreads in the international market were the main factors responsible for this performance. In U.S. dollar, EBITDA increased 8% from 2013, to US$2,392 million.
• Braskem's leverage, in U.S. dollar, stood at 2.58x, down 10% from the previous year. In Brazilian real, the leverage ratio stood at 2.92 times, down 6%.
• On December 2014, Braskem contracted a new revolving credit facility in the amount of US$ 750 million, with a 5-year term.
• In 2014, Braskem recorded net income of R$726 million
• The Mexico project continued to advance, with construction reaching 88% completion.
• The Plastics Chain Competitiveness Incentive Plan (PICPlast), made progress with the launch of the Sector Fund, which will promote the plastic image.
• For the tenth consecutive time, Braskem was selected a component of the Corporate Sustainability Index (ISE) of the Sao Paulo Stock Exchange (BM&FBovespa).

The full earnings release is available on the Company's IR website: www.braskem.com.br/ir

Braskem will host conference calls to discuss its Results TODAY, February 12, 2015, at 11:30 a.m. ET in English and 10:00 a.m. ET in Portuguese. See connecting details on the Company's IR website.

For further information, contact Braskem's Investor Relations Area:

braskem-ri@braskem.com.br, (+55 11) 3576-9531.