MARKET COMPOSITE
BAK - Braskem S.A.8:00:02 PM 5/7/2024
Price
$7.87
+ 0.12 (1.55%)
Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. It operates through five segments: Chemicals, Polyolefins, Vinyls, United States and Europe, and Mexico. The Chemicals segment produces and sells ethylene, propylene butadiene, toluene, xylene, cumene, and benzene, as well as gasoline, diesel and liquefied petroleum gas, and other petroleum derivatives; and supplies electric energy, steam, compressed air, and other inputs to second-generation producers. The Polyolefins segment produces and sells polyethylene and polypropylene. The Vinyls segment produces and sells polyvinyl chloride, caustic soda, and chloride. The United States and Europe segment produces and sells polypropylene in the United States and Europe. The Mexico segment produces and sells ethylene, high-density polyethylene, and low-density polyethylene in Mexico. The company also manufactures, sells, imports, and exports chemicals, petrochemicals, and fuels; produces, supplies, and sells utilities, such as steam, water, compressed air, and industrial gases; and provides industrial services. The company was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. Braskem S.A. was founded in 1972 and is headquartered in São Paulo, Brazil.
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Stock news

    In November 2023, ADNOC submitted a non-binding offer that valued Braskem's equity at approximately $2.1bn (10.66bn reais).

    (Bloomberg) -- Brazilian state-controlled oil producer Petrobras is waiting for other companies to make bids for a stake in petrochemicals producer Braskem after Abu Dhabi National Oil Co. pulled out of the running.Most Read from BloombergIsrael Rejects a Cease-Fire Plan for Gaza Embraced by HamasAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackJack Dorsey Leav

    (Bloomberg) -- Brazil’s Braskem SA tumbled on Monday after Abu Dhabi National Oil Co. dropped its bid for a stake in the troubled Brazilian petrochemicals company, a development that signals the stop-and-start sales process will drag on even longer. Most Read from BloombergIsrael Rejects a Cease-Fire Plan for Gaza Embraced by HamasAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountTruce Talks Drag as Hamas Hits Israel Crossi

    Update: Braskem Says Abu Dhabi National Oil Not Interested in Continuing Talks With Novonor

    Three major chemical processing companies announced the startup of a demonstration plant to show the viability of large-scale electrically heated steam cracking furnaces. BASF, SABIC, and Linde on April 17 […]

    Braskem S.A. (NYSE:BAK) Q4 2023 Earnings Call Transcript March 19, 2024 Braskem S.A. misses on earnings expectations. Reported EPS is $-0.8 EPS, expectations were $-0.55. BAK isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, everyone, and thank you […]

    (Bloomberg) -- A new competitor has entered the race for a majority stake in Latin America’s leading petrochemical company Braskem. Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesNvidia Looks to Extend AI Dominance With New Blackwell ChipsEvergrande’s Alleged $78 Billion Fraud Is Among Biggest EverMusk Says His Ketamine Prescription Is in Investors’ Best InterestsA third company is carrying

    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 4Q23 Earnings Release.

    HOUSTON & PHILADELPHIA, March 14, 2024--Shell Chemicals recently started to supply Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) with bio-attributed and bio-circular propylene feedstocks, based on a mass balance approach and independently certified by a third party.

    MARCUS HOOK, Pa., March 08, 2024--Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), a company committed to human rights and equity in our supply chain and the local development of surrounding communities, has donated $10,000 to the Mary M. Campbell Marcus Hook Public Library, and a check was presented during a ceremony on Thursday, March 7, 2024.