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Braskem SA (BRKM5.SA)

BRKM5.SA on Sao Paulo Stock Exchange

26.80BRL
23 Aug 2019
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R$ 26.80
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R$ 61.97
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Wed, Aug 21 2019

Former Braskem CEO target of Brazil corruption probe

SAO PAULO Former executives of Brazilian petrochemical company Braskem have been targeted in the latest phase of the corruption probe known as CarWash, an investigation of politicians and businessmen in connection with bribery and money laundering.

Brazil's Braskem says court unfreezes 3.7 bln reais from its accounts

SAO PAULO, Aug 9 Brazilian petrochemical producer Braskem SA said on Friday a local court accepted its request to free up 3.7 billion reais from its accounts that had been frozen since June, according to a securities filing.

Brazil's Braskem reports 76% drop in Q2 profit

SAO PAULO, Aug 7 Braskem suffered a sharp fall in second-quarter net income due to slower demand in Europe and Mexico, and the freezing of funds to pay for environmental damages in Alagoas state.

Brazil's Braskem says prosecutors asked for injunction blocking $665 mln

SAO PAULO, July 25 Brazilian petrochemical producer Braskem said in a securities filing on Thursday that prosecutors in the state of Alagoas have asked for an injunction blocking 2.5 billion reais ($665 million) related to a damages lawsuit.

Brazil appeals court judge lets Odebrecht creditors seize Braskem shares

SAO PAULO A Brazilian appeals court judge has allowed bank creditors of Odebrecht SA [ODBESF.UL] to take possession of shares in petrochemical company Braskem SA pledged as collateral for loans they made to the corruption-ensnared conglomerate, according to a document seen by Reuters.

UPDATE 2-Brazil appeals court judge lets Odebrecht creditors seize Braskem shares

SAO PAULO, July 11 A Brazilian appeals court judge has allowed bank creditors of Odebrecht SA to take possession of shares in petrochemical company Braskem SA pledged as collateral for loans they made to the corruption-ensnared conglomerate, according to a document seen by Reuters.

Brazil appeals court judge lets Odebrecht creditors seize Braskem shares

SAO PAULO, July 11 A Brazilian appeals court judge allowed bank creditors of Odebrecht SA to take possession of shares in petrochemical company Braskem SA pledged as collateral for loans they made to the corruption-ensnared conglomerate, according to a document seen by Reuters.

Brazil's Braskem says courts froze 3.7 bln reais in accounts over mining damage

SAO PAULO, June 26 Brazil's largest petrochemical company Braskem SA said in a securities filing on Wednesday that courts have frozen 3.7 billion reais ($962.11 million) in its checking accounts seeking to guarantee compensation for damages caused by the firm.

Itaú questions Odebrecht bankruptcy judge decision on Braskem: report

SAO PAULO Brazilian bank Itaú Unibanco Holding SA is questioning a decision by the judge in charge of Odebrecht bankruptcy related to a stake owned by the conglomerate in petrochemical producer Braskem SA , Brazilian newspaper Valor Economico reported on Tuesday.

Itaú questions Odebrecht bankruptcy judge decision on Braskem -report

SAO PAULO, June 25 Brazilian bank Itaú Unibanco Holding SA is questioning a decision by the judge in charge of Odebrecht bankruptcy related to a stake owned by the conglomerate in petrochemical producer Braskem SA, Brazilian newspaper Valor Economico reported on Tuesday.

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