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Braskem S.A. - BAK STOCK NEWS

Welcome to our dedicated news page for Braskem S.A. (Ticker: BAK), a resource for investors and traders seeking the latest updates and insights on Braskem S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Braskem S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Braskem S.A.'s position in the market.

Rhea-AI Summary
Braskem and Oxiteno have announced a partnership to supply bio-attributed ethylene from renewable sources, which will be used by Oxiteno to create new sustainable solutions. This raw material is the first bio-attributed chemical product produced by Braskem from the certified mass balance approach. The partnership aligns with the sustainability initiatives of both companies and contributes to reducing the use of fossil raw materials and greenhouse gas emissions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
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partnership
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Rhea-AI Summary
Braskem partners with WEAV3D to enhance performance of polypropylene for automotive applications
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
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partnership
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Rhea-AI Summary
Braskem and Vitol have agreed to use circular feedstock derived from plastic waste, contributing to Braskem's commitment to increase sales of products with recycled material. This agreement helps Braskem increase the circularity of its products globally and aligns with its growth strategy and plastic waste reduction targets. By 2030, Braskem plans to sell 1 million tons of products with recycled material and recover 1.5 million tons of plastic from the environment. The use of waste-derived feedstock is a cost-effective upcycling solution that will meet Braskem's clients' sustainable needs. This partnership is an important step for WPU, highlighting the value of end-of-life plastic in a circular process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.34%
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none
Rhea-AI Summary
Braskem selected to participate in "World's Greatest...!" television series for its commitment to creating sustainable products and carbon-neutral circular economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
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none
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Rhea-AI Summary
Braskem and SCG Chemicals have signed a joint venture agreement to create Braskem Siam Company Limited, aiming to produce bio-ethylene and commercialize I’m green™ bio-based polyethylene. The joint venture will almost double the existing capacity of I’m green™ bio-based polyethylene and meet the growing demand for sustainable products in Asia. The project will be located in Thailand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
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none
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Rhea-AI Summary
Origin Materials, a carbon negative materials company, announced financial results for Q2 2023. They initiated start-up of Origin 1, the first commercial-scale plant to produce their intermediates. They also updated the product slate at Origin 2 to focus on the production of FDCA due to high demand. The construction plan for Origin 2 has been revised, with Phase 1 start-up expected in late 2026 to 2027 and Phase 2 start-up in 2028. Origin maintains its 2023 revenue and adjusted EBITDA outlook, with customer demand exceeding $10 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.31%
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Rhea-AI Impact
Rhea-AI Sentiment
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-2.18%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.79%
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partnership
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Rhea-AI Sentiment
End-of-Day
3.61%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.57%
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Braskem S.A.

NYSE:BAK

BAK Rankings

BAK Stock Data

3.54B
202.82M
3.11%
0.49%
Plastics Material and Resin Manufacturing
Manufacturing
Link
Brazil
Camacari

About BAK

Braskem is a Brazilian petrochemical company headquartered in São Paulo. The company is the largest petrochemical company in Latin America and has become a major player in the international petrochemical market.