OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2016
(Commission File No. 1-14862 )
Camacari, Bahia - CEP 42810-000 Brazil
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
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, April 6, 2016 - BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) hereby informs its shareholders and the market in general that Braskem Idesa, its joint venture with the Mexican Idesa group, reached an important milestone today with the production of the first batch of polyethylene in the Mexico Petrochemical Complex.
This landmark is part of the gradual start-up process initiated in December with the beginning of utilities area operations, followed by the cracker in March. After today’s start-up of the first high-density polyethylene plant, the other two plants are expected to begin operations before the end of this month. In the following months, the goal is to reach production capacity of 1.05 million tons of polyethylene on an annualized basis.
Located in the state of Veracruz, the Complex includes an ethane cracker integrated to three polyethylene plants, as well as utilities plants (electric power, water and steam). Ethane supply is assured through a 20-year contract with Pemex (the Mexican state-owned oil and gas company) at a price pegged to the U.S. gas price.
The Petrochemical Complex is fully in line with Braskem’s strategy of internationalizing its operations in the Americas and ensuring greater access to competitive gas-based feedstocks.
For further information, please contact Braskem's Investor Relations Department by telephone (11) 3576-9531 or e-mail 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: April 6, 2016| BRASKEM S.A. | |||
| By: | /s/ Pedro Freitas | ||
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| Name: | Pedro 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.