Braskem

Braskem SA engages in the manufacture of petrochemicals and other related products. It operates through the following segments: Brazil, USA, and Europe and Mexico. The Brazil segment includes production and sale of chemicals, supply of electricity, and production and sale of PE. The USA and Europe segment involves production, operation, and sale of polypropylene in the United States and Germany. The Mexico segment comprises production, operation, and sale of ethylene, high-density polyethylene and low-density polyethylene in Mexico. The company was founded in August 2002 and is headquartered in Butanta, Brazil.

Earnings data Q4 2019

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SÃO PAULO--(BUSINESS WIRE)--In June, Braskem concluded a 30% increase in the production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The US$ 87 million investment aims to meet the growing global demand for sustainable products. The plant now operates at an increased capacity, from 200,000 to 260,000 tons/year. Braskem's bio-based ethylene is made from sustainably sourced, sugarcane-based ethanol which removes CO2 from the.

Braskem Expands Its Biopolymer Production by 30% Following an Investment of US$ 87 Million

Brazilian petrochemical firm Braskem sent its shares soaring on Monday as it confirmed a bid from Unipar Carbocloro for a controlling stake in the company with a premium of more than 40% over its previous closing price.

Barsi-backed Unipar offers 43% premium for stake in Brazil's Braskem

Investing in Brazilian stocks is rarely a non-volatile or even somewhat stable venture. So too is the case with investing in Braskem S.A. I do have a position in the company, and I believe the time is still ripe to "BUY" more, but it does come at a fair bit of volatility risk.

Braskem: 22% RoR Since March, Still A 'Buy' After Q1 2023

Braskem S.A. (NYSE:BAK ) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET Company Participants Rosana Avolio - Investor Relations, Strategic Planning and Corporate Market Intelligence Director Roberto Simoes - Chief Executive Officer Pedro Freitas - Chief Financial Officer Conference Call Participants Pedro Soares - BTG Pactual Vicente Falanga - Bradesco BBI Bruno Montanari - Morgan Stanley Gabriel Barra - Citibank Luiz Carvalho - UBS Leonardo Marcondes - Bank of America Merrill Lynch Operator Good morning.

Braskem S.A. (BAK) Q1 2023 Earnings Call Transcript

Braskem posts Recurring EBITDA of US$205 million in the quarter SÃO PAULO, May 9, 2023 /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 1Q23 Earnings Release.

Global industrial activity and better petrochemical spreads in the international scenario boost Braskem's results

Braskem shares were up big on Friday on reports of a potential buyout offer from Abu Dhabi National Oil and Apollo Global. On Monday, the company confirmed its controlling shareholder has received a preliminary offer.

Why Braskem Stock Is Up Today

SÃO PAULO, April 25, 2023 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 e BRKM6; NYSE: BAK; LATIBEX: XBRK) announces to its shareholders and the market that filed its Annual Report on Form 20-F for the year ended December 31, 2022 (the "2022 Form 20-F") with the U.S. Securities and Exchange Commission.

BRASKEM'S 2022 FORM 20-F WAS FILED

Registered Recurring EBITDA was R$10.6 billion and cash generation was R$3.3 billion SÃO PAULO, March 23, 2023 /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 4Q22 Earnings Release.

Diversified portfolio of products, operations in Brazil and abroad lead Braskem to a good result in 2022

I've written about Braskem a few times, and I also have a small position in the company. Braskem is a Brazilian-based petrochemical giant. While the company has been underperforming for some time, I believe the value that you're getting from investing here is quite compelling.

I'm Buying More Braskem: You Should Consider Doing The Same

Gen Digital Inc

Grocery Outlet

Johnson & Johnson

Pfizer

Signature Bank

Sirius XM Holdings Inc

Although public companies that suffer staggering losses often do so for good reason, sometimes, it might be worthwhile to take a shot with stocks at 52-week lows. Some of the justification comes down to the mechanics of contrarianism.

7 Stocks at 52-Week Lows and Highly Attractive From Here

NEWARK, N.J. , Jan. 30, 2023 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces that the United States District Court for the District of New Jersey has approved the following announcement of a proposed securities class action settlement that would benefit purchasers of Braskem S.A.

Wolf Haldenstein Adler Freeman & Herz LLP Announces Proposed Securities Class Action Settlement on Behalf of Purchasers of Braskem S.A. American Depositary Receipts - BAK

PHILADELPHIA--( BUSINESS WIRE )--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, announced that Braskem America has received International Sustainability & Carbon PLUS (ISCC PLUS) certification for all five of its polypropylene (PP) manufacturing facilities in the United States.

Braskem America Awarded International Sustainability & Carbon Certification PLUS (ISCC PLUS) for all U.S. Production Facilities

PHILADELPHIA--( BUSINESS WIRE )--Nexus Circular and Braskem S.A. (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Braskem”), the largest polyolefins producer in the Americas, today announced that they have signed a 10-year definitive commercial agreement for the supply of circular feedstocks from a new advanced recycling facility. Braskem completed a strategic investment in Nexus Circular in January 2022.

Braskem and Nexus Circular Strengthen Relationship Through a Long-Term Contract for Circular Plastic Feedstocks From New Advanced Recycling Facility

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, today announced a project to evaluate an investment in producing carbon negative bio-based polypropylene (PP) in the U.S. The project would utilize Braskem's proven, proprietary technology to convert bioethanol into physically segregated bio-based polypropylene. Braskem is exploring partnership opportunities for this project with several clients, brand owners, and suppliers.

Braskem Announces Project to Evaluate Production of Bio-Based Polypropylene

PHILADELPHIA & LINTON, Ind.--( BUSINESS WIRE )--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 acquisition of taulman3D, a leading 3D filament supplier of nylon, recycled PETG, and PET filaments to aerospace, automotive, healthcare, industrial, government and higher education professionals worldwide. The acquisition of taulman3D is a perfect complement to Braskem's existing portfolio of next-generation filaments (Polyethylene (PE), Polypropylene (PP), Carbon Fiber, Glass Fiber & Recycled Polymers), pellets, and powders designed specifically for 3D printing applications.

Braskem Acquires taulman3D Expanding its Portfolio of Materials for Additive Manufacturing Applications

I'm taking a second look at international petrochemical player Braskem - a Brazil-based business with significant volatility. I believe the company should be approached with extreme care, despite some overall fundamentals that can be considered top-class.

Braskem: Second Look At This International Petrochemical Player After A ~30% Drop

Intrepid Potash

Bioceres Crop Solutions Corp

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Intrepid Potash, Braskem And More: Most Cheapest Stocks In The Materials Sector - Braskem (NYSE:BAK), Bioceres Crop Solutions (NASDAQ:BIOX)

The company's digital transformation portfolio generates recurring gains estimated at around US$90 million yearly, proceeds regularly reported as part of the program Transform for Value. The company has also launched a hub for startups at an investment of around US$150 million in new business models.

Braskem drives its digital transformation

Partnership Connects Braskem with the Largest Climatetech Startup Incubator in North America Cleantech Startup Community Connections Align with Braskem's Commitment to Low Carbon Circular Economy PHILADELPHIA , Nov. 30, 2022 /PRNewswire/ -- 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 it has joined Greentown Labs, the largest climatetech startup incubator in North America, as a Gigawatt Partner. Making the announcement, Jake Harrison, Open Innovation Specialist, Braskem America, stated, "We are truly delighted to join the Greentown Labs partner ecosystem to expand our opportunity to engage and collaborate with emerging startups building solutions in the materials, chemicals, recycling, and energy arenas.

Braskem Joins Greentown Labs as a Gigawatt Partner

MITEI Connects MIT's World-Class Research Teams with Industry and Government to Develop Solutions to the World's Energy Challenges Through MITEI Braskem will Participate in New Future Energy Systems Center Research Consortium PHILADELPHIA , Nov. 28, 2022 /PRNewswire/ -- 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 joined the MIT Energy Initiative (MITEI) to help support and fund relevant research to advance the energy transition. MITEI serves as MIT's hub for energy research, education, and outreach.

Braskem Joins MIT Energy Initiative (MITEI) to Advance Energy Transition

SÃO PAULO, Nov. 10, 2022 /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 3Q22 Earnings Release.

Recurring EBITDA in 3Q22 was US$371 million In the year to date, the Company's Cash Generation was R$3.1 billion

Braskem S.A. (NYSE:BAK ) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET Company Participants Rosana Avolio - Director of Investor Relations, Strategic Planning and Market Intelligence Pedro Freitas - Chief Financial Officer Roberto Simões - Chief Executive Officer Conference Call Participants Pedro Soares - BTG Pactual Bruno Montanari - Morgan Stanley Leonardo Marcondes - Bank of America Merrill Lynch Vicente Falanga - Banco Bradesco BBI S.A.

Braskem S.A. (BAK) Q3 2022 Earnings Call Transcript

Braskem America signs renewable and emissions-free energy contracts for its production facilities reducing annualized CO2e output beginning in 2022 PHILADELPHIA , Nov. 9, 2022 /PRNewswire/ -- 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 significant progress towards securing renewable and emissions-free power for its North American production facilities. The Company's current energy sourcing roadmap calls for more than a 15% reduction in carbon dioxide-equivalent emissions by 2030 with a path to carbon neutrality by 2050.

Braskem America Announces Renewable and Emissions-Free Power Purchases in Alignment with Commitment to a Carbon-Neutral Circular Economy

Braskem's new Boston metro area innovation center will focus on accelerating early-stage innovations in renewable chemicals and sustainable materials The investment will fuel the discovery of new technologies aligned with Braskem's commitment to a Carbon-Neutral Circular Economy and help drive future business success PHILADELPHIA and LEXINGTON, Mass. , Nov. 7, 2022 /PRNewswire/ -- 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 construction of a new Renewable Innovation Center located in Lexington, Massachusetts at the Lexington Labs at 10 Maguire Road in Lexington, MA owned by Greatland Realty Partners.

Braskem Announces a New Renewable Innovation Center in Lexington, Massachusetts

AUSTIN, Texas , Sept. 20, 2022 /PRNewswire/ -- Essentium, Inc., a worldwide leader in industrial additive manufacturing (AM), today announced it is partnering with Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Company"), the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, to offer manufacturers a fully integrated AM machine and materials solution.

News for Braskem Stock (BAK)