BAK Stock Recent News

PHILADELPHIA--(BUSINESS WIRE)-- #braskem--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 WEAV3D Inc., an advanced manufacturing and materials startup, today announced Braskem's and WEAV3D Inc.'s thermoplastic composite lattice technology, in partnership with the Clemson Composites Center at Clemson University, was selected Most Innovative Part.

PHILADELPHIA & HOUSTON--(BUSINESS WIRE)-- #braskem--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), the Americas' leading polyolefins producer and a global pioneer in biopolymers, today proudly announces that the company has been selected by the U.S. Department of Energy's Office of Manufacturing and Energy Supply Chains to negotiate terms of a $50 million award under the Bipartisan Infrastructure Law. This landmark funding would expand Braskem's ultra-high molecular weight polyethylene (.

I recommend buying Braskem shares post-2Q24 results, which showed operational improvement despite missing market expectations and ongoing financial challenges. BAK's revenue remained stable at $3.65 billion, with excellent cost control leading to a 9% recurring EBITDA margin. Valuation is attractive with a potential 33.8% appreciation, trading at 6.5x EV/EBITDA against an industry average of 8.7x.

WASHINGTON--(BUSINESS WIRE)--Galway Sustainable Capital (“Galway”), a specialty finance company, announces the expansion of its leadership team and additional hires, strengthening its commitment to accelerate the transition to a sustainable economy through next-generation infrastructure. “We're excited to welcome such outstanding people to Galway,” said Jennifer von Bismarck, Galway's CEO. “Their expertise, relationships, and passion for sustainability increase our capacity to execute on new in.

PHILADELPHIA & LEXINGTON, Mass.--(BUSINESS WIRE)-- #braskem--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, today announced the opening of its Renewable Innovation Center located in Lexington, Mass. Braskem's new 35,000-square-foot innovation center will accelerate innovation in renewable chemicals and materials. Capabilities at the new center will expan.

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 WEAV3D Inc., an advanced manufacturing and materials startup, today announced Braskem's and WEAV3D Inc.'s thermoplastic composite lattice technology, in partnership with the Clemson Composites Center at Clemson University, were named first place winners of.

SÃO PAULO, Aug. 8, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, presents its 2Q24 Earnings Release.

Braskem's controlling holding, Novonor, is looking for a buyer for its stake in the company. The proposals to purchase this stake exceed the company's current market cap by two times. For this reason, I believe that the dangerous risks, such as the sinking of Maceió, are already in the price, bringing a good opportunity.

A Brazilian congressional committee on Tuesday suggested charging petrochemical producer Braskem with crimes against the environment and public properties over the sinking soil of a city that forced thousands of families to relocate.

SAO PAULO--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the expansion of its fuels business portfolio with the launch of Octane Plus focused on serving the premium segment of automotive fuels market worldwide. Octane Plus is an additive blended in the gasoline production process to increase the fuel's octane rating. The addition of Br.