(Commission File No. 1-14862 )

On February 6, 2012, at 12:00 p.m., at the Company’s offices located at Avenida das Nações Unidas, 8501, 24º andar, São Paulo/SP, CEP 05425-070, a Meeting of the Board of Directors of BRASKEM S.A. was held with the presence of the undersigned Board Members, according to the signatures placed at the end of these minutes. Board Members Eduardo Rath Fingerl and Maria das Graças Silva Foster did not attend the meeting and justified their absences, and the latter was replaced by her respective alternate, Mr. Arão Dias Tisser. The Chief Executive Officer, Carlos Fadigas de Souza Filho, Officers Mauricio Roberto de Carvalho Ferro, Marcela Drehmer, Decio Oddone da Costa, Edmundo Aires, Messrs. Luiz de Mendonça, Marco Antonio Villas Boas, Mrs. Marcella Menezes Fagundes and Mrs. Maria Alice Cavalcanti, Chairman of the Company’s Fiscal Board, were also present at the meeting. The Chairman of the Board of Directors, Mr. Marcelo Bahia Odebrecht, presided the meeting and Mrs. Marcella Menezes Fagundes acted as secretary. AGENDA:  I) Subjects for Deliberation: After due analysis of the Proposal for Deliberation (“PD”), a copy of which and related documentation were previously forwarded to the Board Members for cognizance, as provided for in its Internal Regulations, and shall remain duly filed at the Company’s headquarters, the following deliberation was approved  by unanimous vote, under the terms and conditions of the respective PD: PD.CA/BAK – 02/2012 – Merger of subsidiary Ideom Tecnologia Ltda. into Braskem (“Merger”) – authorizing the calling of an Extraordinary General Meeting to be held on the date and time to be timely defined and communicated through publication of the respective Call Notice pursuant to law, to resolve on: (i) the Merger proposal, (ii) alteration to the composition of the Company’s Board of Directors, and (iii) the proposal for review and restatement of the Company Bylaws, pursuant to the proposal by the executive board to, among other objectives, adapt them to the Level 1 Minimum Statutory Clauses of BM&FBOVESPA S.A. – Bolsa de Valores, Mercadorias e Futuros due to the amendment of the Level 1 Listing Regulation; II) Subjects for Acknowledgement: Nothing to register. III) Subjects of Interest to the Company: Nothing to register. IV)  Adjournment: As there were no further subjects to be discussed, these minutes were drawn up, which, after read, discussed and found to be in order, are signed by all the Board Members present at the meeting, by the Chairman and by the Secretary. São Paulo, February 6, 2012. [Sgd.: Marcelo Bahia Odebrecht – Chairman; Marcella Menezes Fagundes – Secretary; Paulo Roberto Costa – Vice Chairman; Alfredo Lisboa Tellechea; Almir Guilherme Barbassa; Álvaro Fernandes da Cunha Filho; Arão Dias Tisser; Francisco Pais; José Carlos Grubisich; Luciano Nitrini Guidolin; Newton Sergio de Souza].

The above matches the original recorded in the proper book.

Marcella Menezes Fagundes

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.