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The project in Thailand is planned to produce 200kt of I’m green™ bio-based polyethylene 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 cr...
2023-08-10 17:38:53 ET Braskem ( NYSE: BAK ) closed +7.3% in Thursday's trading after Brazilian newspaper Valor Economico reported Petrobras ( NYSE: PBR ) is not planning to sell its 36% in the petrochemical company. Petrobras CEO ( PBR ) Jean Paul Prates rep...
2023-08-10 14:07:32 ET Gainers: TMC the metals company ( TMC ) +10% . Braskem ( BAK ) +9% . VAALCO Energy ( EGY ) +8% . KLX Energy Services ( KLXE ) +7% . SilverCrest Metals ( SILV ) +7% . Losers: Origin Materials ( ORGN ) -68% ....
Braskem records Recurring EBITDA of US$140 million in the quarter PR Newswire 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 r...
2023-08-04 03:26:01 ET Summary Braskem's M&A deal has raised questions about the future of the company and its appeal to shareholders. The involvement of Novonor and Petrobras in the deal adds uncertainty and regulatory challenges. The company's valuation is low for a reas...
The Brazilian bio-based ethylene facility is now operating at a capacity of 260 thousand tons per year. The celebrated expansion of the world’s first, industrial scale, bio-polyethylene comes thirteen years after Braskem’s I’m green TM bio-based plastics were ...
2023-07-19 11:55:26 ET Petrobras ( NYSE: PBR ) said Wednesday it will reduce prices for the natural gas it sells to distributors by an average 7.1% starting August 1, a move it said comes in line with global oil prices and foreign exchange rates. With the latest cut, Petrobr...
2023-07-12 12:50:06 ET Braskem ( NYSE: BAK ) +3.2% in Wednesday's trading following a report from the O Globo newspaper that said Brazil holding company J&F made a 10B reais (~$2B) proposal to buy the stake held by Novonor in the petrochemical producer. With the move...
2023-07-05 12:52:34 ET Braskem ( NYSE: BAK ) edges into positive territory after falling as much as 4% in Wednesday's trading, as the company said it still had not reached a final payment settlement to resolve complaints of earth tremors, sinking soil and damage to buildings nea...
2023-06-16 20:05:22 ET Crude oil exports out of Iran have surged to five-year highs despite U.S. sanctions, signaling something of a resurgence for the country on the world stage but also sapping confidence in an oil market already weakened by lackluster global economic growth and cheap...
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The launch of Octane Plus production will serve the premium segment of the automotive fuels market Octane Plus meets the demanding needs of today’s high-performance engines Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”) , the ...
Braskem posts Recurring EBITDA of US$230 million in the quarter, 9% higher than 4Q23 and 12% higher than 1Q23 PR Newswire SÃO PAULO , May 9, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer i...
A look at the top 10 most actives in the United States XBP Europe Holdings Inc. (XBP) rose 69.1% to $3.5846 on volume of 37,660,870 shares Lyra Therapeutics Inc. (LYRA) fell 90.2% to $0.3942 on volume of 21,985,500 shares NIO Inc. American depositary shares each representing one Class A (...