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Braskem Sa - BAK STOCK NEWS

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.

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Braskem (NYSE: BAK), a leading producer of polyolefins and biopolymers, announced the expansion of its fuels business portfolio with the launch of Octane Plus. This premium fuel additive increases gasoline's octane rating, enhancing performance in high-performance engines. Developed at Braskem's Petrochemical Complex in Triunfo, Brazil, Octane Plus will primarily serve Central and North American markets. Initial exports from Brazil have begun, with more shipments expected soon. Braskem aims to combine quality, performance, and sustainability in its fuel products.

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Braskem, the largest resin producer in the Americas, reported a recurring EBITDA of US$230 million in 1Q24, a 9% increase from 4Q23 and a 12% increase from 1Q23. The company also highlighted a cash position of US$3.3 billion, operating cash generation of US$196 million, and an increase in green PE production utilization rate. Braskem's full earnings release can be found on their IR website.

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Braskem S.A. reports its 4Q23 Earnings Release with a recurring EBITDA of US$211 million, higher than the previous quarters. The company also highlights a cash position of US$3.6 billion and significant cost reductions.
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Shell Chemicals partners with Braskem to supply bio-attributed and bio-circular propylene for more sustainable plastics production, supporting consumer demand in various markets.
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Braskem donates $10,000 to upgrade the Mary M. Campbell Marcus Hook Public Library, supporting STEM education and local community development.
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Braskem, a leading polyolefins producer, organized its 25th blood drive in Neal, West Virginia, collecting 775 units of blood to support the community's health. The company's partnership with the American Red Cross showcases its commitment to social responsibility and community well-being.
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Braskem and WEAV3D Inc. announced that their innovative automotive door component prototype was selected as one of three finalists in the Automotive and Road Transportation – Process category of the JEC Composites Innovation Awards 2024. The combination of WEAV3D composite lattice reinforcement with Braskem PP enables lighter and less expensive thermoplastic solutions than conventional organosheet, unlocking new opportunities for the cost-effective replacement of sheet metal structures with thermoplastics throughout the vehicle. The technology can be applied to injection molding of more complex parts, with significant improvements in lightweighting, reduced costs, and higher material efficiency. The winners of the JEC Composites Award 2024 will be announced during an online award ceremony on February 8, 2024, and the Braskem-WEAV3D prototype part will be on display at the JEC World trade show in Paris, France from March 5-7, 2024.
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Braskem (NYSE: BAK) secures $504,000 RD&D grant from REMADE Institute for polymer recycling technology research partnership with adidas, Allbirds, and MIT. The project focuses on innovating a new pathway for recycling ethylene-vinyl acetate (EVA) for the footwear industry, supporting the U.S.'s transition to a Circular Economy.
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Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) has been awarded a $504,000 Research, Demonstration, and Development (RD&D) grant from the REMADE Institute for its polymer recycling technology research partnership with adidas, Allbirds, and MIT. This project aims to reduce waste and promote sustainability in the footwear industry through the development of a circular economy model.
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Braskem (NYSE: BAK) has been awarded a $600,000 grant from the REMADE Institute to fund a recycling technology research project focused on innovating a new recycling process technology to extract pure polypropylene from multilayer packaging waste. The project is a partnership between Braskem America, Michigan Technological University, and the University of Wisconsin-Madison, and aims to revolutionize the circular re-use of multilayer plastic and potentially create a pathway to divert hard-to-recycle plastic waste from landfills into valuable new material feedstock sources.
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Braskem Sa

NYSE:BAK

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