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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___

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São Paulo, July 12, 2018

 

The Securities and Exchange Commission of Brazil

Rua Sete de Setembro, nº 111, 33º andar

Centro – Rio de Janeiro

 

Attn:   Nilza Maria Silva de Oliveira

         Company Oversight Manager -1

 

Re.:    Official Letter 264/2018/CVM/SEP/GEA-1

 

Dear Madam:

 

We hereby refer to Official Letter 264/2018/CVM/SEP/GEA-1, in which you requested clarifications from Braskem S.A. ("Braskem" or "Company") on the article entitled “Ações da Braskem sobem 6,58% com expectativa de acordo com LyondellBasell” [Braskem shares gain 6.58% on expectations of agreement with LyondellBasell], published by the newspaper O Estadão on July 10, 2018, as transcribed below:

“Dear Sir,  

1.      We hereby refer to the article published on July 10, 2018 in the newspaper O Estadão, in the news section, entitled  “Braskem shares gain 6.58% on expectations of agreement with LyondellBasell,” with the following details:

           Braskem was notable among the shares that appreciated during the trading session on July 10, amidst expectations that an agreement with the Dutch company LyondellBasell regarding Odebrecht’s interest in the petrochemical company will be concluded by October.

2. In this regard, we request the company’s opinion on the veracity of the news report and, if confirmed, explain the reasons why it was not considered a material fact and provide any other information deemed important on the subject.”

With regard to the article, Braskem clarifies to the market that:

(a) as per the Material Fact notice disclosed on June 15, 2018, the Company was informed by Odebrecht S.A. of the start of negotiations with LyondellBasell, governed by a nondisclosure agreement, about a possible transaction involving the transfer of the entire interest held by Odebrecht S.A. in Braskem to LyondellBasell ("Transaction"); and

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(b) when questioned, Odebrecht S.A. informed the Company that there is no additional information to be disclosed so far, especially about the timeframe for the conclusion of negotiations, nor is there any date defined and/or agreed upon for signing the final agreements and/or implementing the Transaction, if it materializes.

For more information, please contact Braskem’s Investor Relations Department by calling +11 3576-9531 or send an e-mail to braskem-ri@braskem.com.br.

Sincerely,

 

Pedro van Langendonck Teixeira de Freitas

Investor Relations Officer

BRASKEM S.A.

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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: July 12, 2018

	BRASKEM S.A.
	By:	/s/     Pedro van Langendonck Teixeira de Freitas
		Name:	Pedro van Langendonck Teixeira de Freitas
		Title:	Chief Financial Officer

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