Operator
Good morning, and thank you for waiting. Welcome to Braskem’s video conference to discuss our results for Q4 2025 and the year 2025. Today, we have with us Mr. Roberto Ramos, CEO; Felipe Jens, CFO; and Rosana Avolio, Investor Relations, Strategic Planning and Market Intelligence.
Please note that this event is being recorded. The presentation will be delivered in Portuguese with live translation and simultaneous interpreting into English. [Operator Instructions]
Before we proceed, we’d like to clarify that any statements that may be made during this conference call regarding Braskem’s business prospects, projections, operational and financial goals constitute beliefs and assumptions of the company’s management as well as information currently available to Braskem. Future considerations are not a guarantee of performance and involve risks, uncertainties and assumptions as they refer to future events and therefore, depend on circumstances that may or may not occur. Investors and analysts should understand that general conditions, industry conditions and other operational factors may affect Braskem’s future results and may lead to results that differ materially from those expressed in such future conditions.
Now I’ll turn the conference over to Rosana Avolio, Investor Relations, Strategic Planning and Corporate Market Intelligence Director. Ms. Avolio, you may begin your presentation.
Rosana Avolio
Investor Relations Manager
Good morning, everyone. Thank you for participating in Braskem’s conference call for the fourth quarter and the full year 2025. As indicated in the agenda shown on Slide 3, I will begin the presentation with the company’s main highlights for the period, starting on Slide 4.
During 2025, the petrochemical industry remained impacted by the