Braskem is betting on a set of upgrade projects and a new “green” platform to lower costs, secure cheaper raw materials, and eventually turn a struggling business back into a healthier one. The catch is that the wider plastics and chemicals market may stay weak for years, and heavy debt and policy dependence could decide whether these plans pay off.Read more
Braskem has several projects meant to cut costs and expand production, but a weak industry cycle and heavy debt could keep any payoff slow and uncertain. See what could help the company recover—and what might derail it before those improvements show up.Read more
Catalysts About Braskem Braskem is a petrochemical producer with operations in Brazil, the United States, Europe and Mexico, with a growing focus on gas based and renewable feedstocks. What are the underlying business or industry changes driving this perspective?Read more
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Braskem S.A., together with its subsidiaries, engages in the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil. The company supplies electricity and other inputs to second-generation producers; sells utilities, such as steam, water, compressed air and industrial gases; industrial services; and engages in the production, supply, and sale of electric energy and gas. It also produces and sells polyethylene, including the production of green PE made from renewable resources, and polypropylene; and polyvinyl chloride and caustic soda. In addition, the company provides thermoplastic resins; and other basic petrochemicals. It has operations in the United States, Europe, Asia, and internationally. 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.
