BAK News and Press, Braskem SA ADR From 01/21/21

Compact Membrane Systems, Inc. and Braskem Finalize Agreement for Pilot-Scale Demonstration of Optiperm™ Optiperm™ is a disruptive technology for olefin-paraffin separation aimed at delivering higher production yields while decreasing waste streams, lowering carbon...

Braskem (BAK) estimates it will need to spend another 1.2B reais to address geological damage in the state of Alagoas, which would take the company's total provisions related to taking care of Alagoas to 9.1B reais.The increase was announced after Braskem reached agreements with Brazilian aut...

Petrobras ([[PBR]] +1.7%) says it signed a $3.7B contract to supply Brazilian petrochemicals company Braskem (BAK) with naphtha, ethane and propane over the next five years through year-end 2025.Petrobras agrees to deliver ~2M metric tons of naphtha to Braskem's São Paulo manufacturing f...

Braskem’s recent Investor Day had some positives, but these were clouded by the many near-term risks. The rising Alagoas provisions, the uncertainty around the Pemex contract, and the Cenegas contract cancellation are key overhangs, with the latter likely to have a material nea...

Braskem Announces Research Partnership for Sustainable Plastic Production Using CO2 Capture and Utilization Technology SAO PAULO and PHILADELPHIA , Dec. 14, 2020 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) , the largest polyolef...

Braskem America and Encina Announce Intent to Develop Circular Feedstock Agreement for Production of Recycled Polypropylene PHILADELPHIA , Dec. 7, 2020 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer i...

Braskem (BAK) closed -4.7% in today's trade as Mexico's state-owned pipeline administrator cut supply to the company's Mexican plant, forcing a complete shutdown in operations."The contract has ended," Mexican Pres. Lopez Obrador says as his government stopped natural gas supply to Braskem Id...

Braskem Completes U.S. Innovation and Technology Center Expansion $10 million investment adds eight new state-of-the-art laboratories I&T Center expansion supports advanced research in low-carbon and circular economy technologies, and additive manufacturing PR Newswi...

Braskem SA (BAK) Q3 2020 Earnings Call Transcript November 12, 2020 00:30 PM ET Company Participants Roberto Simoes - Chief Executive Officer Pedro Freitas - Vice President of Finance, Procurement & Corporate Affairs Rosana Avolio - Investor Relations Director Conference Call Participants...

Braskem (BAK) falls sharply after saying it is not certain whether it has earmarked enough money to pay reparations in full in Brazil's Alagoas state for damage caused by one of its mining salt projects.Braskem says it expects to spend 1B reais in payments this year and perhaps a bit more in ...