Braskem

Latest news and articles about Braskem from NEX English

Braskem Plans Legal Protection from Creditors Amid Financial Struggles

Braskem, Brazil's largest petrochemical company, is considering filing for legal protection in local courts against creditors due to increasing financial pressures. This decision comes at a critical time for the company as it faces mounting challenges that could impact its market sustainability.

Braskem Warns of Financial Uncertainty Amid Rising Losses

Braskem, the Brazilian petrochemical company, has reported weak financial results for the last quarter, raising concerns about its financial future. The company warns of significant uncertainty if shareholders fail to complete a planned debt deal.