Braskem Records Quarterly Recurring EBITDA of $140mn

(Braskem, 9.Aug.2023) — 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.



  • Recurring EBITDA of US$140 MM, about R$703 million. Lower than 1Q23 (US$205 MM) and 2Q22 (US$802 MM).
  • Liquidity of US$2.9 bi, return on cash flow of 7%1, sufficient to cover payment of all liabilities coming due in next 74 months.
  • Conclusion of green ethylene capacity expansion in 2Q23, with an addition of 60 kton/year.
  • Mexico production and PE utilization rate of 86%, +14 p.p. compared to 1Q23 and +19 p.p. compared to 2Q22, resulting in higher PE production volume in the Mexico segment in the last 6 years.

The full earnings release is available on the Company’s IR website:

Braskem will host conference calls to discuss its Results WEDNESDAY, August 09 at 10:00 a.m. US ET.

Additional information may be obtained from the Investor Relations Department at +55 11 3576-9531 or

1 Considers the recurring generation of cash in dollars in the last 12 months over the Company’s market capitalization in the quarter.


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