Welcome to our dedicated page for Braskem Sa news (Ticker: BAK), a resource for investors and traders seeking the latest updates and insights on Braskem Sa stock.
Braskem SA (BAK), Latin America's largest petrochemical producer, maintains this dedicated news hub for investors and industry stakeholders. Access official press releases, financial disclosures, and operational updates from the global leader in resins and biopolymers.
This resource consolidates essential announcements including quarterly earnings reports, strategic partnerships, and sustainability initiatives. Monitor developments across Braskem's international operations in Brazil, the United States, and Europe, with coverage spanning production innovations, market expansions, and environmental commitments.
All content originates from verified corporate communications, ensuring reliable tracking of the company's position in the chemicals sector. Users gain insights into Braskem's core operations in olefins production, renewable polymer research, and energy transition strategies through unfiltered source materials.
Bookmark this page for streamlined access to Braskem's latest corporate developments. Combine these primary sources with market analysis tools for comprehensive investment research.
Braskem (NYSE: BAK), the Philadelphia Eagles, and Science of Sport hosted a STEM-focused 'Field Day' at Lincoln Financial Field on April 3rd, 2025, engaging 125 local students in hands-on activities. The event, part of the 'Tackling STEM' education program, featured five interactive stations combining STEM learning with football, physics, sustainability, and material science.
The initiative emphasizes recycling, plastic circularity, and energy efficiency in stadiums, with Braskem team members volunteering to guide students through activities. Since launching their STEM partnership in 2018, Braskem and the Eagles have provided free STEM education to approximately 24,000 students in the Greater Philadelphia area.
Braskem (NYSE: BAK), the largest resin producer in the Americas and global leader in biopolymers, has released its Q4 2024 earnings report with notable financial achievements. The company generated a Recurring EBITDA of US$102 million in Q4 2024 and achieved a full-year 2024 Recurring EBITDA of US$1.1 billion, marking a significant 46% increase compared to 2023.
The company reported an Operating Cash Generation of US$204 million (approximately R$1.1 billion) and maintains a strong cash position of US$2.4 billion, which provides coverage for debt maturities extending over the next 47 months.
The Philadelphia Eagles and Braskem (NYSE: BAK) have launched 'Tackling STEM', an enhanced education program for the 2024-2025 academic year. The initiative aims to provide free digital and hands-on STEM education to up to 10,000 students across 20+ schools in the Greater Philadelphia area. The program, supported by Science of Sport, includes interactive activities, professional development for teachers, and STEM field trips. This spring, 300 students will visit Lincoln Financial Field for educational activities. Since the partnership's inception in 2018, the program has reached almost 15,000 Philadelphia-area students.
Braskem (NYSE: BAK), the Americas' largest resin producer and global biopolymers leader, reported strong financial results for Q3 2024. The company achieved a Recurring EBITDA of US$432 million, marking a 35% increase from Q2 2024 and a 130% rise from Q3 2023. The company maintained a robust cash position of US$2.4 billion, providing coverage for debt maturities over the next 52 months. Operating Cash Generation improved to US$75 million (R$416 million), showing an increase from the previous quarter.
Braskem and WEAV3D Inc., in partnership with Clemson Composites Center, have been recognized for their innovative Rebar for Plastics® Lattice Technology. The technology won the Most Innovative Part Award from SPE's Automotive Composites Conference & Exhibition (ACCE) and the Material and Process Innovation Award from ACMA's Awards for Composites Excellence (ACE).
The partnership's technology combines WEAV3D composite lattice reinforcement with Braskem polypropylene (PP), enabling lighter and less expensive thermoplastic solutions than conventional organosheet. In redesigning an automotive door structure, they achieved 23% weight savings, 50% cost savings, and 62% scrap reduction compared to the original organosheet.
These awards highlight the technology's potential for cost-effective replacement of sheet metal structures with thermoplastics in vehicles, contributing to more sustainable materials and reduced carbon emissions.
Braskem (NYSE: BAK) has been selected by the U.S. Department of Energy to negotiate terms of a $50 million award under the Bipartisan Infrastructure Law. This funding aims to expand Braskem's ultra-high molecular weight polyethylene (UHMWPE) production capabilities in La Porte, Texas, focusing on the lithium-ion battery separator (LIBS) market.
The project is expected to generate over 250 skilled jobs across various phases. Braskem's UHMWPE, sold under the trade name UTEC®, offers superior properties ideal for lightweight electric vehicle battery separators, potentially improving battery charging efficiency and reducing carbon emissions. UTEC also has applications in various industries including construction, agriculture, and transportation.
Braskem (NYSE: BAK) has launched bio-circular polypropylene (PP), branded as WENEW, for the restaurant and snack food industries. This ISCC Plus certified product is derived from used cooking oil (UCO), promoting circularity and reducing fossil fuel reliance. The bio-circular PP maintains identical properties to traditional PP, ensuring seamless integration for clients.
Ideal for Quick Service Restaurants (QSRs), retail food suppliers, and snack food companies, the product is suitable for food packaging, flexible packaging, and consumer goods. Braskem has partnered with suppliers to convert bio-circular feedstock into polypropylene, creating a sustainable loop. This initiative aligns with Braskem's ambition to be a leader in Greenhouse Gas (GHG) emissions reduction and carbon capture, aiming for a 15% reduction in scope 1 and 2 emissions by 2030 and carbon neutrality by 2050.
Braskem (NYSE: BAK) has officially opened its Renewable Innovation Center in Lexington, Massachusetts. This 35,000-square-foot facility aims to accelerate innovation in renewable chemicals and sustainable materials. The center will focus on early-stage science and engineering related to converting biomass-based feedstocks into sustainable chemicals and materials, enhancing Braskem's capabilities in biotechnology, catalysis, and process engineering.
Strategically located in Greater Boston's biotechnology hub, the center complements Braskem's global R&D efforts in the U.S., Brazil, Mexico, and Germany. This expansion aligns with Braskem's commitment to reducing carbon emissions and dependency on finite resources while promoting plastic circularity and driving the bio-based materials revolution.
Braskem (NYSE: BAK) and WEAV3D, in partnership with Clemson Composites Center, have won the 2024 Altair Enlighten Award's Future of Lightweighting category for their innovative thermoplastic composite lattice technology. This technology combines WEAV3D's Rebar for Plastics® with Braskem's polypropylene sheets to create a cost-effective, lightweight solution for structural automotive applications.
The partnership's technology offers significant benefits compared to conventional composite organosheet:
- Reduces sheet blank weight by ~50% and final part weight by ~23%
- Cuts costs by ~50%
- Increases sheet yield from 25% to 45% by weight, resulting in a 62% reduction in trim waste
This innovative solution enables the cost-effective replacement of sheet metal structures with thermoplastics throughout vehicles, contributing to reduced carbon emissions and enhanced sustainability in the automotive industry.
Braskem S.A. (NYSE: BAK) reported significant financial improvements in Q2 2024. The company achieved a Recurring EBITDA of $320 million, which represents a 39% increase from Q1 2024 and a 128% increase from Q2 2023.
Braskem's cash position stands robust at $2.8 billion, ensuring debt maturity coverage over the next five years. Operating cash generation for the quarter was $69 million, a notable rise from both Q1 2024 and Q2 2023.
The Braskem Idesa sector recorded its highest sales volume since Q3 2017, with 233 kton, marking a 12% increase from Q1 2024 and a 9% rise from Q2 2023.
For more detailed insights, investors can access the complete earnings release on Braskem's IR website.
