Braskem.
company
- Reports this week
- 1
- Active events
- 2
- Connections
- 44
What's happening
Active this week
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Braskem, the largest petrochemical company in the region, faces financial difficulties due to debt, high interest rates, and a ground-collapse disaster in Latin America.Some support1 report2 developments inside
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Braskem filed a case in a US Bankruptcy Court alleging it is not paying debts amid financial and geological issues.Some support1 report
One to three months ago
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Senator Renan Calheiros challenges Braskem's compensation deal amid operational issues caused by rock-salt mining in Maceió.Some support1 report
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Middle East conflict is disrupting global feedstock supply, impacting companies like Braskem which has operations focused on Brazil.Well supported3 reports3 developments inside
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Braskem's petrochemical margins are tied to the Middle East conflict, and its valuation uses the Banco Central rate.Some support1 report
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Braskem is undergoing restructuring while Novonor (the renamed Odebrecht holding company) is involved. IG4 Capital acquired shares from Novonor, and Petrobras is observing from the sidelines.Some support2 reports1 development inside
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Novonor agreed to sell shares to Shine I, impacting Braskem's structure, while Magda Chambriard chairs Braskem's board.Some support1 report
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Braskem filed a court document in a Texas court.Some support1 report
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Mine Vision Systems announced appointments in Pittsburgh involving Gustavo Guzman, who has a background in chemical engineering at Braskem.Some support3 reports
Gone quiet
No new reports in 90+ days-
Bank of America influenced rating targets for Braskem on June 26, 2026.Some support11 reports
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Braskem's new vessel, christened in China, will operate on routes between the US, Mexico, and Brazil.Some support1 report1 development inside
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Braskem launches its next-generation oil tanker, named Blooming Future, intended for raw materials transport.Some support2 reports
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Braskem is identified as the largest polyolefins producer in the Americas.Well supported4 reports
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Delek Group Ltd. and Braskem are competing in the energy and chemical markets.Some support1 report
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Petrobras is investing in refining and petrochemical projects, including SAF production, and identifying Braskem as an affiliate.Some support2 reports
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Petrobras, a state-controlled oil company, holds significant sway over Braskem's ownership structure, which is currently held by Novonor.Well supported5 reports
No events began in the chosen period. Widen it, or reset.
Around Braskem this week
News at the entities that move Braskem most-
Petrobras StructuralExxonMobil signed an MOU to examine exploration opportunities in Equatorial Guinea, while Petrobras secured acreage across Africa.Moves Braskem
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Citigroup OperationalThe repeal of a separation wall in 2009 allowed a merger between Citigroup and Citibank.Moves Braskem
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HSBC Mentioned togetherSeveral financial stocks, including FirstCash, UWM, and HSBC, showed mixed performance following recent earnings reports.Moves Braskem
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Bank of America Mentioned togetherBank of America, led by Paul Ciana, advises on market strategy as war pressures begin to fade.Moves Braskem
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Renaissance Technologies TransactionalRenaissance Technologies, Sumitomo Mitsui, and Amundi made transactions in Albemarle Corporation stock on October 22, 2026.Moves Braskem
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Banco Central StructuralThe Central Bank of Brazil approved new rules limiting how banks can pitch loans to customers.Moves Braskem
Connections
The 24 strongest of 44, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
Petrobras Structural
Petrobras maintains a structural relationship with Braskem through significant ownership, supply chain integration, and influence over its governance.
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Novonor Structural
Novonor held a controlling stake in Braskem, establishing a parent-subsidiary relationship.
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Citigroup Operational
Citigroup downgraded Braskem's stock rating from neutral to sell, actively influencing its market standing.
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S&P Global Structural
S&P Global formally assesses Braskem's creditworthiness, moving it into default territory.
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Renaissance Technologies Transactional
Renaissance Technologies raised a stake in Braskem.
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Magda Chambriard Structural
Magda Chambriard holds a formal position as a board chair for Braskem.
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Maceió Shared context
Braskem's mining operations in Maceió have caused geological damage and financial burdens to the city.
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Banco Central Structural
Braskem utilizes the rates published by Banco Central for its internal valuation conversion processes.
Show all 24 connections
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HSBC Mentioned together
HSBC issued rating downgrades and lowered price targets for Braskem.
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Middle East Operational
Middle East conflict disrupts global feedstock supply, directly impacting Braskem's petrochemical margins.
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Bank of America Mentioned together
Bank of America has issued financial ratings and price targets for Braskem.
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Renan Calheiros Transactional
The Senator is actively scrutinizing and challenging a specific compensation deal involving Braskem.
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cvm Transactional
A corporate tender offer involving the two companies was under the regulatory review of CVM.
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MarketBeat Mentioned together
MarketBeat aggregates and reports consensus analyst ratings and stock data for Braskem.
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New York Shared context
Braskem is traded within the New York financial market.
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Americas Shared context
Braskem is identified as a major polyolefins producer operating within the Americas market.
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São Paulo Shared context
Braskem operates and conducts legal and financial activities within the jurisdiction of São Paulo.
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Southern District Transactional
Braskem is involved in a legal case filed within the Southern District Bankruptcy Court.
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Delek Group Ltd. Operational
Delek Group Ltd. and Braskem are actively competing in the energy and chemical markets.
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Latin America Shared context
Braskem is identified as the largest petrochemical company operating within the Latin American region.
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New York Stock Exchange Shared context
Braskem is a company whose shares are listed and trade on the New York Stock Exchange.
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Texas Transactional
Braskem was involved in a legal filing within a Texas court.
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Guzman Transactional
Guzman was previously employed by Braskem.
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Bracebridge Mentioned together
No evidence of a relationship between Bracebridge and Braskem was found in the provided timeline.
History
Events by the month they beganOctober 2026
1 eventSeptember 2026
3 events- Senator Renan Calheiros challenges Braskem's compensation deal amid operational issues caused by rock-salt mining in Maceió.
- Braskem's petrochemical margins are tied to the Middle East conflict, and its valuation uses the Banco Central rate.
- Novonor agreed to sell shares to Shine I, impacting Braskem's structure, while Magda Chambriard chairs Braskem's board.
August 2026
3 events- Middle East conflict is disrupting global feedstock supply, impacting companies like Braskem which has operations focused on Brazil.
- Braskem filed a court document in a Texas court.
- Mine Vision Systems announced appointments in Pittsburgh involving Gustavo Guzman, who has a background in chemical engineering at Braskem.
Show 1 earlier month
June 2026
9 events- Braskem, the largest petrochemical company in the region, faces financial difficulties due to debt, high interest rates, and a ground-collapse disaster in Latin America.
- Braskem is undergoing restructuring while Novonor (the renamed Odebrecht holding company) is involved. IG4 Capital acquired shares from Novonor, and Petrobras is observing from the sidelines.
- Bank of America influenced rating targets for Braskem on June 26, 2026.
- Braskem's new vessel, christened in China, will operate on routes between the US, Mexico, and Brazil.
- Braskem launches its next-generation oil tanker, named Blooming Future, intended for raw materials transport.
- Braskem is identified as the largest polyolefins producer in the Americas.
- Delek Group Ltd. and Braskem are competing in the energy and chemical markets.
- Petrobras is investing in refining and petrochemical projects, including SAF production, and identifying Braskem as an affiliate.
- Petrobras, a state-controlled oil company, holds significant sway over Braskem's ownership structure, which is currently held by Novonor.