Welcome to our dedicated page for Braskem Sa news (Ticker: BAK), a resource for investors and traders seeking the latest updates and insights on Braskem Sa stock.
Braskem SA (BAK), Latin America's largest petrochemical producer, maintains this dedicated news hub for investors and industry stakeholders. Access official press releases, financial disclosures, and operational updates from the global leader in resins and biopolymers.
This resource consolidates essential announcements including quarterly earnings reports, strategic partnerships, and sustainability initiatives. Monitor developments across Braskem's international operations in Brazil, the United States, and Europe, with coverage spanning production innovations, market expansions, and environmental commitments.
All content originates from verified corporate communications, ensuring reliable tracking of the company's position in the chemicals sector. Users gain insights into Braskem's core operations in olefins production, renewable polymer research, and energy transition strategies through unfiltered source materials.
Bookmark this page for streamlined access to Braskem's latest corporate developments. Combine these primary sources with market analysis tools for comprehensive investment research.
Braskem S.A. has filed its Annual Report on Form 20-F for the year ending December 31, 2022, with the U.S. Securities and Exchange Commission. This filing is crucial for shareholders and the market, providing detailed insights into the company's financial performance and operations over the year. The report is now available on Braskem's Investor Relations website, and shareholders can request a free copy of the audited financial statements included in the report. For any inquiries, the Investor Relations Department can be contacted directly.
Braskem S.A. (NYSE: BAK) reported its 4Q22 earnings, highlighting a significant decline in financial performance. The company recorded a negative Recurring EBITDA of US$32 million, with a full-year EBITDA of US$2.1 billion, down 64% from 2021. Lower demand for petrochemical products, influenced by global market conditions and increased supply, contributed to the downturn. In 2022, Braskem faced a net loss of R$336 million. Despite this, the company maintained a cash position of US$2.4 billion, ensuring financial stability for the next five years. The earnings call is scheduled for March 23, 2023, at 10:00 a.m. ET.
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