Braskem SA Share Price Today

Braskem says remains committed to consensual capital structure solution

Braskem S.A. reaffirmed its commitment to a consensual solution for its capital structure. The company did not make the scheduled November 9 payment on its R$1.2 billion 18th debenture issue. Non-payment is covered by a court stay granted under the ongoing extrajudicial reorganization process. Shareholders previously withdrew a proposed funding offer, increasing friction in creditor negotiations.

Braskem Q2FY26 Results: Recurring EBITDA hits $1.04 billion

Recurring EBITDA reached $1.043 billion with a 24% margin. Brazil segment EBITDA surged 261% to $869 million. Mexico utilization fell to 43% but EBITDA rose on higher spreads. Operating cash generation hit $385 million against $15M consumption. Management expects spread normalization and continues restructuring.

Braskem Idesa reduces senior debt by US$920 million via restructuring

Braskem Idesa has agreed to a consensual restructuring that cuts senior debt by over US$920 million, from US$2.5 billion to US$1.6 billion. Majority shareholder Braskem contributes US$476 million in fresh capital. The company files for Chapter 11 in the U.S. to implement the plan, aiming to emerge within 60 to 90 days while maintaining uninterrupted operations at its Mexican petrochemical complex.

Lallemand and Braskem launch bio-acetone platform for U.S. ethanol

Lallemand Biofuels & Distilled Spirits and Braskem have launched a bio-acetone production platform for the U.S. ethanol industry after five years of development. The technology uses specialized yeast and bolt-on separation to create a renewable coproduct, with Braskem managing sales. This move targets the global acetone market, which exceeds 8 million tons annually, offering ethanol producers a new revenue stream without affecting core operations.

JP Morgan downgrades Braskem to Neutral

JP Morgan analyst Milene Carvalho has downgraded Braskem from Overweight to Neutral. The rating change affects the company's stock listed on the NYSE under the ticker BAK.

Braskem launches Blooming Future to cut CO2 by 30%

Braskem Trading & Shipping launched the Blooming Future, a next-generation LR1 chemical tanker, on May 8. The vessel features biofuel-ready engines and is expected to reduce CO₂ emissions by 30%, or 6,500 tonnes annually, compared to the current fleet average. This launch supports Braskem's goal to operate four LR1 tankers by early 2027.