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, a leader in polyolefins and biopolymers, will showcase its expanded 3D printing portfolio at the RAPID + TCT 2022 conference in Detroit, from May 17-19, 2022. The company highlights significant advancements in its filament and pellet product lines, including carbon and glass fiber-reinforced offerings. Braskem aims to drive innovation in additive manufacturing while promoting sustainability with new recycled and bio-based materials. Keynote presentations by Braskem's experts will discuss sustainable materials for the industry. Attendees can visit Booth #3813 for insights into the company's 3D offerings.
Compact Membrane Systems and Braskem have launched the pilot demonstration of the Optiperm™ technology at Braskem's Marcus Hook facility. This innovative membrane technology aims to enhance olefin production efficiency while reducing waste, carbon emissions, and energy consumption. The project involves producing over 90% purity paraffin and olefin-rich streams using a multistage design. This demonstration is pivotal for commercial-scale production, with commercial membrane products expected as early as 2023, aligning with Braskem's commitment to sustainability and the circular economy.
Braskem (NYSE: BAK) announced its partnership with Native Shoes to produce The Robbie footwear, utilizing Braskem's I'm green™ bio-based EVA polymer made from sustainably sourced sugarcane. This collaboration aims to meet the rising consumer demand for environmentally friendly products, aligning with a shift towards sustainable fashion. The Robbie shoes are designed for children, representing a step towards eco-conscious consumerism. The bio-based EVA has a 22% lower greenhouse gas impact compared to traditional EVA, showcasing Braskem's commitment to sustainability and the circular economy.
Braskem (NYSE: BAK), the largest polyolefins producer in the Americas, is expanding its 3D printing product portfolio with new polyethylene and glass fiber reinforced polypropylene filaments. These products are designed for superior printing performance, offering minimal warpage and excellent interlayer adhesion. The glass fiber reinforced PP is ideal for automotive and aerospace applications, while the PE filament is suitable for packaging and consumer goods. Both filaments require no drying prior to printing, making them efficient options for various industrial applications.
Braskem S.A. (BAK) reported a recurring Operating Result of US$5.6 billion for 2021, marking a 171% increase from 2020. In 4Q21, the result was US$1.1 billion, down 23% from 3Q21 due to lower chemical spreads and seasonal sales volume declines. Net Profit for 2021 reached R$14.0 billion. The company declared R$6.0 billion in dividends, equating to a 42.5% payout of Net Profit. Additionally, Fitch Ratings upgraded Braskem to BBB-, restoring its investment-grade status.
Braskem, the largest polyolefins producer in the Americas, announced the addition of two new polypropylene grades with post-consumer recycled (PCR) content. Designed for FDA food contact applications, the grades support a circular economy and Braskem's sustainability goals. The polymer grades, suitable for food packaging and closures, contain 25% PCR content. Geoffrey Inch, Sustainability Director, highlighted the company's aim to provide 300,000 tons of recycled content by 2025 and 1 million tons by 2030. Braskem's initiatives align with its strategy to become carbon-neutral by 2050.
Braskem S.A. (NYSE: BAK), a leading producer of polyolefins, announced its investment in Nexus Circular LLC, a company specializing in advanced recycling technology. This strategic investment aims to convert landfill-bound plastics into sustainable feedstocks for virgin plastic production. Braskem's commitment to a Carbon Neutral Circular Economy includes targets for increasing recycled content sales to 300,000 tons by 2025 and 1 million tons by 2030. The partnership with Nexus aligns with Braskem's broader strategy to enhance plastics circularity and environmental sustainability.
Braskem (NYSE: BAK) has successfully completed its first propylene import in over a decade to the U.S. East Coast at Repauno Port in Gibbstown, NJ. This strategic initiative enhances Braskem's feedstock options for its polypropylene manufacturing facility in Marcus Hook, PA, allowing for competitive pricing and supply chain resilience. The Marcus Hook facility produces 415 kilotons of polypropylene annually, used in various industries including healthcare and automotive. Braskem aims to strengthen its supply chain and increase operational flexibility through this partnership.
Braskem, a leading polyolefins producer, has launched its first consumer-facing e-commerce marketplace on Amazon in partnership with Xenon arc. This platform focuses on making Braskem's polypropylene (PP) filaments for 3D printing accessible to small-to-mid-sized clients. Key offerings include 1.75 mm and 2.85 mm diameter filaments, including a carbon fiber reinforced option made from 100% recycled materials. The initiative aims to simplify supply chain complexities for smaller makerspaces and educational institutions.
