Braskem SA, formerly Copene Petroquimica do Nordeste SA, is a Brazil-based company primarily engaged in the manufacture of basic petrochemical products. The Company's products portfolio includes ethylene, propylene, butadiene, toluene, xylene, benzene, gasoline, diesel oil, liquefied petroleum gas (LPG), as well as thermoplastic resins, such as polyethylene (PE), polypropylene (PP) and polyvinyl chloride (PVC). As of December 31, 2011, the Company had 35 industrial units, including 28 in Brazil, five in the United States and two in Germany. Additionally, it is engaged in the import and export of chemicals, petrochemicals and fuels. The Company divides its activities into five sectors: Basic Petrochemicals, Polyolefins, Vinyls, International Businesses and Chemical Distribution. As of December 31, 2011, the Company had a number of subsidiaries in Brazil, the United States, Argentina, Chile, Netherlands, Germany, Cayman Islands, Mexico, the British Virgin Islands, Bahamas and Uruguay.