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Braskem SA (BAK)

BAK on New York Consolidated

11.47USD
29 Jul 2016
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$0.07 (+0.61%)
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Tue, Jul 19 2016

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Brazil's Odebrecht puts Braskem stake as collateral for loans

SAO PAULO Braskem SA said on Tuesday controlling shareholder Odebrecht Serviços e Participações SA has placed the entire stake it has in the firm as collateral for outstanding bank loans, in a sign of Odebrecht's challenging debt refinancing outlook.

Brazil's Odebrecht places Braskem stake as collateral for lenders

SAO PAULO, July 19 Braskem SA, Latin America's biggest petrochemical firm, said on Tuesday that controlling shareholder Odebrecht Serviços e Participações SA has placed its entire stake as collateral for loan contracts with creditors.

UPDATE 2-Petrobras received bids for fuels unit in recent days -CEO

* Parente vows corruption probe to continue (Recasts to focus on fuels unit bids, divestment plan, Petrobras scandal)

Brazil's Braskem posts sharp rise in Q1 net income

SAO PAULO, May 5 Brazil's Braskem SA, Latin America's largest petrochemical company, reported on Thursday that first-quarter net income tripled from a year earlier to 747 million reais ($212.60 million).

U.S. probes Brazil's Odebrecht, Braskem for corruption -Valor

SAO PAULO The U.S. Department of Justice is investigating possible corruption in contracts among Brazilian petrochemical company Braskem, engineering conglomerate Odebrecht and the country's state-run oil company Petrobras, a newspaper said on Tuesday.

U.S. probes Brazil's Odebrecht, Braskem for corruption -Valor

SAO PAULO, March 29 The U.S. Department of Justice is investigating possible corruption in contracts among Brazilian petrochemical company Braskem, engineering conglomerate Odebrecht and the country's state-run oil company Petrobras, a newspaper said on Tuesday.

Brazil's Braskem contracts to buy ethane from Enterprise Products

BRASILIA, March 21 Brazilian petrochemical company Braskem SA signed a 10-year contract with U.S.-based Enterprise Products Partners LP for the supply of ethane imported from the United States, Braskem said in a statement on Monday.

China's CNOOC eyes Petrobras' stake in Braskem: paper

BRASILIA China's CNOOC Ltd is interested in purchasing a minority stake in Brazilian petrochemical company Braskem SA from state-run Petroleo Brasileiro SA , a Brazilian newspaper said on Monday.

UPDATE 1-China's CNOOC eyes Petrobras' stake in Braskem -paper

BRASILIA, March 14 China's CNOOC Ltd is interested in purchasing a minority stake in Brazilian petrochemical company Braskem SA from state-run Petroleo Brasileiro SA, a Brazilian newspaper said on Monday.

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