Cetrel

Activity by year

2017201820192020202120222023202420252026

AcquisitionPartnership

Jun 13, 2024PARTNERSHIPBrazil
Braskem and Solví form joint venture for industrial environmental solutions
Braskem and Solví announced a strategic partnership to create a joint venture focused on industrial environmental solutions, including water, effluent treatment, waste management, and emergency response. The JV will hold 63.7% of Cetrel, plus GRI and Emergenciall, with Solví owning 50.1% and Braskem 49.9%.
Braskem partner Cetrel target Solví partner #Specialty Chemicals #Water Treatment Equipment braskem.com.br
Jan 27, 2017ACQUISITIONCamaçari, Bahia, Brazil$196.0M
Braskem board authorizes acquisition of controlling stake in Cetrel for R$610M
Braskem's board authorized an agreement to acquire 63.7% of Cetrel from Odebrecht Utilities for R$610 million. Cetrel provides industrial wastewater treatment and environmental services at the Camaçari Petrochemical Complex.
Braskem acquirer Odebrecht Utilities target Cetrel target #Specialty Chemicals braskem.com.br

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