Odebrecht & Braskem Bring Sustainable Award to U.S. University Students

The Odebrecht Organization is introducing its award for sustainable development to American universities through two of its subsidiaries - Odebrecht USA, the North American division of a global leader in engineering and construction services, and Braskem, the largest manufacturer of thermoplastic resins in the Americas. By writing and submitting a paper on contributions to sustainability, undergraduate students have an opportunity to engage in a challenging exercise to develop engineering and chemical solutions.

Whether related to new building techniques, new chemical and petrochemical processes, or alternative uses of sustainable materials, projects should explore innovative practices, methods, and ideas that can be implemented on a variety of real-world ventures. Award entries will be judged on content, technical contribution, applicability, clarity/presentation and reasoning/depth. Currently, the sustainable award is also presented in six other countries.

“We are excited to bring the Odebrecht Award to students in the United States, and we look forward to sharing their innovative ideas with our judging panel of experts, as well as potentially turning these burgeoning ideas into realities,” said Gilberto Neves, President & CEO of Odebrecht USA. “This is a great opportunity for students, universities and industry organizations to engage in a healthy competition, encouraging and supporting the future engineers, scientists and architects of America.”

The award is open to any undergraduate or group of students enrolled at a U.S.-accredited university, with at least one student seeking a degree in engineering, architecture, building and construction management, or chemistry. Entries will be accepted from January 2, 2012 through May 31, 2012 at http://www.odebrechtaward.com. Meanwhile, participants are encouraged to engage on Facebook and Twitter.

Prizes* will be awarded as follows:

First Prize:
$20,000 to the student (s), $10,000 to the advising professor and $10,000 to their university

Second Prize:
$7,000 to the student (s), $4,000 to the advising professor and $4,000 to their university

Third Prize:
$5,000 to the student (s), $2,500 to the advising professor and $2,500 to their university

Additionally, participants of all shortlisted entries will be invited to participate in the process to become an Odebrecht Young Partner or a Braskem Associate. These are trainee and internship programs where young talents will experience first hand what it is like to work for a global leader in engineering and construction, and chemicals and petrochemicals.

“We're inviting young visionaries to join our revolution – to take this opportunity and contribute to positive change,” said Ricardo Lyra, VP HR & Communications for Braskem America. “We anticipate groundbreaking ideas from American students and we can't wait to see what they come up with.”

About the Odebrecht Organization
Founded in 1944, Odebrecht is a Brazilian multinational that operates in the engineering and construction, petrochemical, energy, bioenergy, oil and gas, real estate, and environmental engineering sectors. Present in 20 countries, it has more than 120,000 employees and $32.3 billion in revenues in 2010.

About Odebrecht
Founded over six decades ago, Odebrecht has grown to be a global leader in engineering and construction services, laying the groundwork for positive, sustainable change on five continents. Today, the Odebrecht Organization is a worldwide leader in providing engineering & construction, petrochemical and bio-energy services. As part of the Odebrecht Organization, Odebrecht USA opened its Coral Gables, Florida, office in 1990, and since then we have successfully delivered projects throughout the United States. Odebrecht has a particular emphasis on public-sector infrastructure projects of vital importance.

About Braskem
Braskem is the largest manufacturer of thermoplastic resins in the Americas. With 31 industrial plants in Brazil and the United States, the company produces more than 33 billion pounds of thermoplastic resins and other petrochemical products annually. Headquartered in Philadelphia, Braskem America, a wholly owned subsidiary of Braskem S.A., has three production facilities located in Texas, Pennsylvania and West Virginia, as well as its Technology and Innovation Center in Pittsburgh.

*All cash prizes currently listed before taxation in accordance with state and federal law.

Media Contact:
Thais Reiss
Odebrecht
(305) 341-8861