Braskem Archives - Editores LatinPetroleum

Braskem and creditors intensify talks, but no deal yet

BOGOTÁ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 20.Aug.2026, Words: 138) — Talks between Braskem and creditors have intensified, but have yet to reach an agreement. This, as the deadline […]

Carlos Slim’s Braskem Idesa files for pre-arranged bankruptcy protection

MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 18.Aug.2026, Words: 209) — The Mexican company Braskem Idesa, a joint venture between the Brazilian company Braskem and the conglomerate of Mexican magnate […]

Petrobras inks new Braskem shareholders’ agreement

BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 23.Apr.2026, Words: 218) — Petrobras sent a notification to Novonor S.A. – Em Recuperação Judicial, formally stating its decision not to exercise […]

PRESS DIGEST 2 APR. 2026: Ran for ENI in MEX; Trafigura and Vitol in BOL; Braskem BRA

MONTERREY, MEXICO (By editors with Energy Analytics Institute, 2.Apr.2026, Words: 419) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond […]

EAI brief: Petrobras will not exercise preemptive rights related to Braskem

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 12.Feb.2026, Words: 124) — Petrobras’ board of directors, considering a potential transaction involving the transfer of shares of Braskem S.A. held […]

Novonor SA and NSP Investimentos inform Petrobras regarding Braskem

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 15.Dec.2025, Words: 298) — Novonor S.A. – Em Recuperação Judicial and NSP Investimentos S.A., a subsidiary of Novonor, notified Petrobras regarding […]

Petrobras requests to joint merger review related to NSP Inv. deal

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 24.Jul.2025, Words: 241) — Petrobras, in relation a petition filed with the Administrative Council for Economic Defense (CADE), has requested […]

Petrobras Responds to Valor Econômico’s Braskem Story

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 26.Mar.2025) — Petrobras reiterated that no decision has been made regarding its participation in Braskem. This, after a recent article was published […]

Petrobras and Braskem Complete Tests for Renewable Content Chemical Product

(Petrobras, 19.Jul.2024) — Petrobras has successfully finished a series of industrial-scale tests to produce a Light Hydrocarbon Stream (LHR) rich in ethylene, incorporating renewable content. Over the past year, this project, in […]

Petrobras Updates about Braskem

(Petrobras, 6.May.2024) — Petrobras informs, according to the notices to the market published on 09/18/2023, 08/22/2023, 08/14/2023 and 07/10/2023, that it is conducting due diligence on Braskem for the possible […]

Petrobras Clarifies News on Braskem

(Petrobras, 18.Sep.2023) — Petrobras, regarding the pieces of news published in the media, reaffirms that it is carrying out due diligence on Braskem, for the possible exercise of tag along […]

Petrobras on Braskem Due Diligence Process

(Petrobras, 22.Aug.2023) — Petrobras, regarding the pieces of news published in the media, reaffirms that it is carrying out due diligence on Braskem, for the possible exercise of tag along […]

Petrobras Pondering Petrochemical Sector Strategy

(Petrobras, 10.Aug.2023) — Petrobras, regarding the pieces of news published in the media, about its participation in Braskem, reaffirms that it is currently developing analyses to define the best alternative […]

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. 2Q23 HIGHLIGHTS […]

Petrobras on Braskem

(Petrobras, 19.May.2023) — Petrobras received a letter from Apollo Management X, L.P. and ADNOC International Limited with information about the non-binding proposal for the acquisition of Novonor S.A.‘s interest in […]

Petrobras Says Not Conducting Transactions in Private Market

(Petrobras, 9.May.2023) — Petrobras, in clarification to the pieces of news released by the media, informs that it is not conducting any sales transaction structuring in the private market and […]

Petrobras Comments on Braskem Divestment Process

(Petrobras, 28.Aug.2022) — Petrobras, regarding the news published in the media concerning the Braskem divestment process, reaffirms that its stake in Braskem is part of the portfolio of assets for […]

Braskem Reports 1Q:22 Recurring EBITDA of $920mn

(Braskem, 12.May.2022) — Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announces its results for 1Q22. 1Q22 HIGHLIGHTS CONSOLIDATED In 1Q22, the company’s Recurring EBITDA was US$920mn, 19% lower than […]

Braskem and Lummus Partnership: the Next Chapter for Green Ethylene Technology

(Braskem, 28.Apr.2022) — Braskem S.A. (B3: BRKM3, BRKM5, and BRKM6;NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers […]

NRGBriefs: Petrobras Releases Climate Change Supplement [PDF Download]

(Energy Analytics Institute, 7.Apr.2022) — Energy briefs including Petrobras releasing its Climate Change Supplement as part of its dialogue with its stakeholders; Petrobras reaffirming “its stake in Braskem is part […]

Braskem Reports Record Results in 2021

(Braskem, 17.Mar.2022) — Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announced its results for 4Q21 and 2021. 4Q21 and 2021 HIGHLIGHTS Braskem – Consolidated In 4Q21, Braskem’s recurring […]

Braskem Expands its Circular Polymer Portfolio

(Braskem, 23.Feb.2022) — Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announced the expansion of its circular polymer portfolio to include two new polypropylene (PP) grades with post-consumer recycled […]

Petrobras Cancels Braskem Public Offering

(Petrobras, 28.Jan.2022) — Petrobras, following up on the releases disclosed on 16 December 2021 and 17 January 2022, informs that, together with NSP Investimentos SA – In Judicial Recovery, communicated […]

Petrobras on Sale of Braskem Stake

(Petrobras, 17.Jan.2022) — Petrobras, following up on the release disclosed on 16 December 2021, informs its shareholders and the market in general that it has applied to register with the […]

Petrobras Still Seeking to Divest up to 100% in Braskem

(Petrobras, 6.Jan.2022) — Petrobras, regarding the news published in the media, clarifies that, as disclosed on 16 December 2021, it maintains its position of seeking the sale of up to […]

Petrobras, Novonor Pick Banks for $1.5bn Braskem Share Sale

(Bloomberg, 5.Jan.2022) — The controlling shareholders of Braskem SA, one of the world’s top petrochemical makers, have picked banks to unload a roughly $1.5 billion stake in the firm, people […]

Petrobras BODs Approves Sale Of Braskem Stake

(Petrobras, 16.Dec.2021) — Petrobras’ Board of Directors approved the model for the sale of up to 100% of the preferred shares it holds in Braskem S.A. to be conducted through […]

Petrobras Updates On Possible Braskem Offer

(Petrobras, 26.Nov.2021) — Petrobras, regarding the news published in the media about a possible offer of preferred shares of Braskem in the first quarter of 2022, clarifies that, as disclosed […]

Braskem Offering Back On The Table

(Bloomberg, 19.Aug.2021) — A public equity offering is again emerging as a possible exit strategy for the controlling shareholders in one of the world’s top petrochemical makers, Braskem SA, people […]

Petrobras Hires JPMorgan To Sell Braskem Stake

(Reuters, 5.Aug.2021) — Brazilian state-run oil firm Petroleo Brasileiro SA (PETR4.SA) has hired JPMorgan Chase & Co (JPM.N) as adviser to sell its stake in petrochemical company Braskem SA (BRKM5.SA), […]

Braskem Reports 1Q:21 Operating Result

(Braskem, 5.May.2021) — Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announces its results for 1Q21. 1Q21 HIGHLIGHTS Braskem – Consolidated In 1Q21, the company’s recurring Operating Result was $1,266mn, 52% […]

Petrobras On Sale Of Braskem

(Petrobras, 30.Apr.2021) — Petrobras, regarding the piece of news published in the media, clarifies that its equity interest in Braskem is part of the non-core assets to divest by the […]

Braskem Launches First Int’l Shipment From Charleston

(Braskem 3.Feb.2021) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the first international shipment of polypropylene from the Company’s […]

Petrobras Starts Arbitration Against Odebrecht

(Petrobras, 28.Dec.2020) — Petrobras presented today a request for arbitration with an indemnity claim estimated at approximately R$800mn, against Odebrecht S.A., based on the shareholders’ agreement regarding Braskem, for violations […]

Petrobras On New Contracts With Braskem

(Petrobras, 22.Dec.2020) — Petrobras informs that it has signed new long-term contracts with Braskem S.A. to supply petrochemical naphtha to the industrial unit in the state of São Paulo and […]

Petrobras Inks New Supply Deal With Braskem

(Petrobras, 22.Dec.2020) — Petrobras signed new long-term contracts with Braskem S.A. to supply petrochemical naphtha to the industrial unit in the state of São Paulo and to supply ethane and […]

Braskem Announces Research Partnership

(Braskem, 14.Dec.2020) — Braskem, the largest polyolefins producer in the Americas and a leading producer of biopolymers in the world, has joined forces with the University of Illinois Chicago (UIC) […]

Braskem And Haldor Topsoe Production MEG From sugar

(Braskem, 23.Nov.2020) — Braskem, the largest petrochemical company in the Americas and a world leader in the production of biopolymers, and Denmark-based Haldor Topsoe, a global leader in supply of […]

Braskem On Carbon Neutrality By 2050

(Braskem, 10.Nov.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announces its latest sustainability ambitions to significantly expand its efforts to […]

Petrobras Eyes Braskem Deal With Odebrecht

(Reuters, 6.Jul.2020) — Brazilian state-led oil company Petrobras expects within six months to reach an understanding with engineering group Odebrecht on a new shareholder agreement for petrochemical company Braskem SA […]

Braskem Completes Facility In La Porte, Texas

(Braskem, 24.Jun.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announces the construction completion of its newest, world-class polypropylene production […]

Petrobras Clinches Naphtha Supply Deal From Braskem

(Zacks, 12.Jun.2020) — Petrobras recently grabbed a bargain with a new five-year deal to supply naphtha to Braskem SA’s BAK unit in Bahia and Rio Grande do Sul states. Per […]

Petrobras On New Naphtha Contracts With Braskem

(Petrobras, 10.Jun.2020) — Petrobras signed new long-term contracts for the supply of petrochemical naphtha with Braskem S.A. for the units in the states of Bahia and Rio Grande do Sul. […]

Braskem First To Use RESIN8™ Materials

(Braskem, 24.Feb.2020) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, announces the use of construction blocks containing the Center for Regenerative […]

Braskem Selects CenturyLink For Global Operations

(Braskem, 18.Dec.2019) — Braskem, the largest thermoplastics resins producer in the Americas and leading producer of biopolymers in the world, selected global technology provider CenturyLink, Inc. to deliver a global SD-WAN […]

Braskem Launches I’m Green™

(Braskem, 17.Oct.2019) — Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today formally launched its new I’m green™ Recycled polypropylene (PP) in […]

Odebrecht Informs Petrobras That Sales Talks With Lyondell Are Off

(Energy Analytics Institute, Aaron Simonsky, 4.Jun.2019) — Odebrecht S.A., the controlling shareholder of Braskem S.A., notified Petrobras that negotiations regarding the potential transaction involving the sale of Odebrecht’s entire stake […]

Braskem BODs OKs $101mn Corruption Settlement

(Reuters, 27.May.2019) — The board of Brazilian petrochemicals producer Braskem SA has approved an agreement with authorities to pay 410 million reais ($101 million) to settle its involvement in the […]

Braskem Says Consolidated Recurring EBITDA Reached $336 Million In 1Q:19

(Braskem, 8.May.2019) — Braskem S.A. announces today its results for 1Q19. HIGHLIGHTS: Braskem – Consolidated: — Braskem’s recurring EBITDA was US$ 336 million, down 16% and 60% from 4Q18 and […]