Braskem S.A. Sponsored ADR Pfd Class A Stock News

Brazilian businessman Nelson Tanure may give up on his bid to acquire a controlling stake in Latin America's largest petrochemical firm Braskem BRKM3.SA as his exclusive negotiations window nears closing without an agreement to resolve claims from an environmental incident linked to the company.

Brazilian petrochemical companies Braskem and Unipar said on Friday that they had kicked off talks regarding some of Braskem's assets.

SÃO PAULO--(BUSINESS WIRE)--Braskem, (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), a global pioneer in large-scale biopolymer production, celebrated the arrival of the Brave Future, its new vessel, today. The start of operations of the approximately R$ 500 million ship, which will operate on the route between the United States, Mexico, and Brazil, marks the expansion of the company's...

Braskem shares rallied on Wednesday after reports named the company as a key beneficiary of a proposed government incentive program targeting the domestic chemical sector. At 10:25 a.m.

Brazilian businessman Nelson Tanure has retained advisory firm Rothschild & Co. to conduct bank negotiations critical to his proposed bid for Latin America's largest petrochemical firm, Braskem , two people familiar with the matter told Reuters.

Brazilian businessman Nelson Tanure has begun talks with the banks that will be key to his bid for petrochemical firm Braskem , he told Reuters, as he aims to clinch a deal this year and give oil giant Petrobras a larger role in operations.

NEW CASTLE, Del. & PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, and Ardent Process Technologies (“Ardent”) today announced the successful completion of their joint development program for an innovative o...

Braskem is a leading Brazilian petrochemical company specializing in resins like polyethylene, polypropylene, and PVC. Investor Nelson Tanure, known for corporate restructuring, has made a surprise purchase offer for Braskem. The announcement of Tanure's offer led to a sharp 9% increase in Braskem's share price, reflecting strong market interest.