Braskem

Braskem SA engages in the manufacture of petrochemicals and other related products. It operates through the following segments: Brazil, USA, and Europe and Mexico. The Brazil segment includes production and sale of chemicals, supply of electricity, and production and sale of PE. The USA and Europe segment involves production, operation, and sale of polypropylene in the United States and Germany. The Mexico segment comprises production, operation, and sale of ethylene, high-density polyethylene and low-density polyethylene in Mexico. The company was founded in August 2002 and is headquartered in Butanta, Brazil.

Earnings data Q4 2019

Earnings data Q1 2020

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Braskem S.A. (“Braskem” or the “Company”) (NYSE: BAK) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Braskem investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you c.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Braskem S.A. (BAK) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Braskem S.A. (“Braskem” or the “Company”) (NYSE: BAK) investors concerning the Company's possible violations of federal securities laws. On November 30, 2023, Braskem disclosed that it was required to pay $203 million to repair damages at a rock-salt mine that it owns in Maceió. On this news, Braskem's stock price fell $0.58, or 6.9%, to close at $7.78 per share on November 30, 2023, thereby i.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Braskem S.A.

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Braskem S.A. (“Braskem” or the “Company”) (NYSE: BAK) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On November 30, 2023, Braskem disclosed that it was required to pay $203 million to repair damages at a rock-salt mine that it owns in Maceió. On this news, Braskem's stock price fell.

The Law Offices of Frank R. Cruz Announces Investigation of Braskem S.A.

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Braskem S.A., Inc. ("Braskem" or the "Company") (NYSE: BAK).

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Braskem S.A. - BAK

Braskem is the largest plastic producer in the Western Hemisphere. The company has been a takeover target for the last few years. In November, Abu Dhabi National Oil Company offered BRL37.29 per share. That means 100% upside potential from the current stock prices. The political and industry tailwinds are more supportive of the deal's completion than ever. PBR's CEO expects the deal to take place in 1Q24.

Braskem: Special Situations Trade With 100% Upside Potential

The city hall of Brazil's northeastern city of Maceio has asked to negotiate a new compensation agreement with petrochemical firm Braskem over the expansion of a risk area linked to sinking ground in the city, it said on Wednesday.

City hall in Brazil's Maceio requests new damages deal with Braskem

PHILADELPHIA--(BUSINESS WIRE)--Please replace the release dated November 20, 2023 with the following corrected version due to multiple revisions. The updated release reads: BRASKEM EVA RECYCLING TECHNOLOGY RESEARCH PARTNERSHIP AWARDED RD&D GRANT FROM THE REMADE INSTITUTE Braskem Research Partnership Supports the U.S. Transition to a Circular Economy RD&D Partnership includes Braskem America, adidas, Allbirds, and the Massachusetts Institute of Technology One of three REMADE awards recen.

CORRECTING and REPLACING Braskem EVA Recycling Technology Research Partnership Awarded RD&D Grant from the REMADE Institute

PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced Braskem's polymer recycling technology research partnership has been awarded a $504,000 Research, Demonstration, and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute, a public-private partnership established by the Uni.

Braskem EVA Recycling Technology Research Partnership Awarded RD&D Grant from the REMADE Institute

PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced its polymer recycling technology research partnership has been awarded a $600,000 Research, Demonstration, and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute, a public-private partnership established by the United Sta.

Braskem Announces REMADE Institute Grant Award to Develop New Recycling Process Technology to Extract Pure Polypropylene from PCR

PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced its polymer recycling technology research partnership has been awarded a $671,000 Research, Demonstration, and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute, a public-private partnership established by the United Sta.

Braskem Announces REMADE Institute Grant Award for Advanced Manufacturing of Sustainable and Recyclable Multilayer Plastic Films

Carlisle Companies

ArcelorMittal

MT, BAK and CSL have been added to the Zacks Rank #5 (Strong Sell) List on November 10, 2023.

New Strong Sell Stocks for November 10th

Brazilian petrochemical producer Braskem said on Thursday that Abu Dhabi's oil company ADNOC (ADNOC.UL) has presented a fresh non-binding offer to buy conglomerate Novonor's stake in the firm.

ADNOC makes fresh bid to buy stake in Brazil's Braskem

Green PE's operational performance was above nominal capacity of 260,000 tons/year with utilization rate of 108% in the quarter SÃO PAULO, Nov. 9, 2023 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, presents its 3Q23 Earnings Release.

Braskem's Recurring EBITDA in the quarter was US$187 million, 34% higher than 2Q23

I sold my position in Braskem after the involvement of Novonor and Petrobras in a recent deal. My strategy of selling and rotating at the right time has protected my profits and capital in the past. The article will provide an update on the negative return on investment for Braskem and discuss the implications for the investment thesis.

Braskem: Glad I Sold After A 27.8% Negative RoR

SÃO PAULO--(BUSINESS WIRE)--Committed to supporting the circular economy and fighting climate change, Brazilian petrochemical companies Braskem and Indorama Ventures IOD - Oxiteno announce a partnership to supply bio-attributed ethylene from renewable sources. Bio-attributed ethylene, certified by ISCC (International Sustainability and Carbon Certification), will be used by Oxiteno to create new sustainable solutions. This raw material is the first bio-attributed chemical product produced by Br.

Braskem and Oxiteno sign a partnership to supply bio-attributed ethylene

SÃO PAULO--(BUSINESS WIRE)--Braskem and Northwestern University (USA) have announced a partnership to develop a technology platform for converting the CO2 generated by industrial operations. It is based on co-electrolysis, a technology that makes full use of electricity to convert CO2 into products of interest. In typical electrochemical devices, apart from CO2 conversion, water is converted into oxygen, which has no high commercial value. However, in this new strategy, two reactions of interes.

Braskem Announces Partnership With Northwestern University for the Development of CO2 Conversion Technology

PHILADELPHIA--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer producer of biopolymers on an industrial scale, today announced a novel demonstrator of Braskem's polypropylene (PP) in combination with WEAV3D Inc., an advanced manufacturing and materials startup, leveraging WEAV3D's thermoplastic composite lattice technology to enhance the performance of PP for stru.

Braskem Takes Polypropylene to the Next Level of Performance in Partnership with WEAV3D® utilizing its Rebar for Plastics® Lattice Technology

ROTTERDAM, Netherlands--(BUSINESS WIRE)--Braskem and Vitol S.A. have announced an agreement for circular feedstock derived from plastic waste. Under the agreement, Vitol will start to supply Braskem Netherlands B.V. with pyrolysis oil produced in the chemical recycling process at the facilities of WPU – Waste Plastic Upcycling A/S, in Denmark. Chemical recycling is a complementary process to traditional mechanical recycling. It enables plastic waste that is unfit for mechanical recycling to be.

Braskem to purchase plastic-waste-derived feedstock from Vitol SA, produced by WPU – Waste Plastic Upcycling A/S in Denmark

PHILADELPHIA--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) today announced that it has been selected to participate in an upcoming segment in the “World's Greatest

Braskem's Carbon Negative Biopolymers to Be Spotlighted by “World's Greatest

Braskem faces challenges within the petrochemical economic cycle, with product spreads below historical averages and complex stake sale negotiations. Novonor's exit from Braskem's control is uncertain and potential hurdles related to share transfers and Petrobras' involvement. Braskem's valuation complexity lies in commodity price sensitivity. Despite the potential upside, speculation and industry downturn advise caution.

Braskem: A Speculative Bet On A Cycle Downturn

ROTTERDAM, Netherlands--(BUSINESS WIRE)--Braskem, the leading global biopolymer producer, and SCG Chemicals, a leading petrochemical company in Thailand and Southeast Asia, have signed a joint venture (JV) agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize I'm green™ bio-based polyethylene (P.

Braskem and SCG Chemicals join forces to advance in the bio-based Ethylene project in Thailand

Petroleo Brasileiro

Brazilian state-run oil company Petrobras is not planning to sell its 36% stake in petrochemical firm Braskem , newspaper Valor Economico reported on Thursday, citing unnamed sources.

Brazil's Petrobras does not intend to sell Braskem stake, report says

Net debt remains stable at US$4.6 billion SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, presents its 2Q23 Earnings Release.

Braskem records Recurring EBITDA of US$140 million in the quarter

Origin Materials

WEST SACRAMENTO, Calif.--(BUSINESS WIRE)--Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (NASDAQ: ORGN, ORGNW), the world's leading carbon negative materials company with a mission to enable the world's transition to sustainable materials, and Sustainea Bioglycols (“Sustainea”), a joint venture between Braskem (NYSE: BAK) and Sojitz Corporation, today announced a strategic partnership centered on advanced bio-based materials produced using Origin's technology platform a.

Origin Materials and Sustainea Launch Strategic Partnership to Develop 100% Bio-Based Materials

SÃO PAULO--(BUSINESS WIRE)--In June, Braskem concluded a 30% increase in the production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The US$ 87 million investment aims to meet the growing global demand for sustainable products. The plant now operates at an increased capacity, from 200,000 to 260,000 tons/year. Braskem's bio-based ethylene is made from sustainably sourced, sugarcane-based ethanol which removes CO2 from the.

News for Braskem Stock (BAK)