SAO PAULO, May 20 (Reuters) - A court in Brazil has

ordered conglomerate Novonor to pay Braskem ( BAK )

compensation for "abuse of controlling power," the petrochemical

company said in a securities filing on Monday.

The judge in Sao Paulo "upheld the claims to order Novonor

to compensate Braskem ( BAK ) for material damages," Braskem ( BAK ) said,

citing figures that exceed $1 billion, not including interest

and monetary correction.

"This is a first instance decision that can be appealed,"

Braskem ( BAK ) said.

Novonor, which holds a controlling stake in Braskem ( BAK ), did not

comment on whether it would appeal it or not.

($1 = 5.1271 reais)