SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 6-K

            REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16
                OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

                           For the month of July 2004

                         Commission File Number: 1-14862

                                  BRASKEM S.A.
         --------------------------------------------------------------
                    (Exact Name as Specified in its Charter)

                                       N/A
         --------------------------------------------------------------
                 (Translation of registrant's name into English)

                 Rua Eteno, 1561, Polo Petroquimico de Camacari
                     Camacari, Bahia - CEP 42810-000 Brazil
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                    (Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F. Form 20-F [X] Form 40-F [ ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1). _____

Indicate by check mark if the registrant is submitting the Form 6-K 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]

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-_____________.


                                   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.

                                 BRASKEM S.A.

Date:  July 16, 2004

                                 By: /s/ Paul Elie Altit
                                     -------------------------------------------
                                     Name:  Paul Elie Altit
                                     Title: Chief Financial Officer


                                  EXHIBIT INDEX


Exhibits     Description of Exhibits
--------     -----------------------

99.1         Minutes of the 489th Meeting of the Board of Directors held on
             June 30, 2004