BAK
Braskem S.A.
NYSE · Basic Materials · Chemicals · BR
$1.89
−2.58%Aug 28, 2026, 15:15 UTC
Brazil's Federal Public Defender filed a public civil action on 27 August 2026 against Braskem and the federal government over abandoned salt mines in Maceió, seeking at least R$5 billion (US$971 million) in damages for mineral losses.
Source:Aug 28, 2026, 12:45 UTC
Braskem shares jumped 20.97% to R$3.75 (US$0.73) on 27 August 2026, following Petrobras's enlarged credit line.
Source:Aug 28, 2026, 12:45 UTC
Petrobras enlarged its supplier credit line to Braskem from R$350 million to R$2.35 billion on 27 August 2026, supporting raw material supply but not cancelling any debt.
Source:Aug 25, 2026, 15:00 UTC
Petrobras is separately negotiating a R$2.35 billion commercial credit line to fund Braskem's feedstock purchases through the end of 2026.
Source:Aug 25, 2026, 15:00 UTC
B3 will remove Braskem shares from 17 indices on 26 August 2026.
Source:Aug 24, 2026, 10:55 UTC
Brazilian chemical company Braskem has filed for an out-of-court restructuring.
Aug 18, 2026, 06:15 UTC
Braskem Idesa announced a consensual restructuring agreement with major stakeholders and filed prepackaged Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas to reduce senior debt from about US$2.5 billion to about US$1.6 billion, with Braskem S.A. contributing US$476 million.
Aug 17, 2026, 22:35 UTC
Petrobras is considering granting improved payment terms to Braskem on some contracts as Braskem faces an August 24 deadline to avoid bankruptcy protection.
Source:Aug 14, 2026, 10:18 UTC
Braskem SA reported better-than-expected results for the second quarter, benefiting from war-related disruptions to petrochemical supplies from the Persian Gulf and Asia.
Source:Aug 13, 2026, 18:45 UTC
Braskem and Lallemand Biofuels & Distilled Spirits announced the development of a new technology to produce bioacetone from corn ethanol, with commercialization to focus on the United States and Europe.
Source:Aug 12, 2026, 21:51 UTC
Braskem, Latin America's largest petrochemical firm, is in advanced talks for a potential out-of-court restructuring that could be filed as early as August 2026.
Aug 10, 2026, 15:52 UTC
Braskem's bondholders are pressing Petrobras to inject capital to avoid a bankruptcy filing as a deadline approaches.
Source:Jul 28, 2026, 14:15 UTC
Lallemand Biofuels & Distilled Spirits and Braskem announced a bio-acetone production platform for the corn-ethanol industry.
Source:Jul 7, 2026, 17:15 UTC
Banco Safra filed an appeal at São Paulo's bankruptcy court to suspend the transfer of control of Braskem to a fund advised by IG4 Capital, arguing the debt-free transfer mechanism should not apply to a direct sale.
Source:Jun 30, 2026, 09:45 UTC
Braskem obtained a precautionary court order in Brazil that pauses collection by financial creditors for sixty days, triggering downgrades by Fitch and S&P Global.
Source:Jun 24, 2026, 22:37 UTC
Braskem plans to file a protective injunction against its creditors on Wednesday.
Jun 18, 2026, 22:57 UTC
Elliott Investment Management and SVP Global are buying Braskem debt amid restructuring talks.
Source:Jun 18, 2026, 08:00 UTC
Braskem launched the vessel Blooming Future as part of its expanding sustainable fleet.
Jun 18, 2026, 00:00 UTC
Braskem SA and its new controlling shareholder IG4 Capital are struggling to win creditor support for an out-of-court restructuring proposal due to disagreements over uneven treatment and collaterals.
Source:Jun 4, 2026, 15:35 UTC
Petrobras and IG4 established a new governance framework for Braskem, formalizing joint control.
Source:Jun 2, 2026, 18:33 UTC
Braskem SA is seeking creditor support to initiate an out-of-court restructuring process before its July debt payments.
Source: