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BAK - Braskem: Growth Stock Moving In Line With ESG Commitments
Braskem SA ADR
Braskem’s share price return outpaced the S&P 500 index at 15% in the 1-year analysis.
Braskem's investment in an advanced recycling technology by Nexus Circular shows the company's commitment to fulfil its ESG goals.
Recycling of plastic bottles in the US was ranked least as compared to other materials indicating a deficit in the sector despite the overall benefit analysis.
Prices of polyethylene are yet to reach their 2017/ 2018 levels when they were more than $1,200.