Exchange: NYSE·Updated 07:40 PM EDT
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BAK Braskem S.A.

$1.70
$0.10
(6.25%)
Today
Closed $1.70
$0.00
(0.00%)
After Hours
EarningsNov 12
Mkt Cap$293.3M
Vol1.07M

About BAK

Braskem SA engages in the manufacture of petrochemicals and other related products. It operates through the following segments: Brazil, USA, and Europe and Mexico. The Brazil segment includes production and sale of chemicals, supply of electricity, and production and sale of PE. The USA and Europe segment involves production, operation, and sale of polypropylene in the United States and Germany. The Mexico segment comprises production, operation, and sale of ethylene, high-density polyethylene and low-density polyethylene in Mexico. The company was founded in August 2002 and is headquartered in Butanta, Brazil.
38

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filecrux
$BAK Noteholders push Braskem's US$589M 2041-note unit into involuntary Chapter 11. 🏢 Brazilian petrochemical maker already in extrajudicial reorganization at home ⚠️ Funds holding about US$272M (about 47%) of the 7.125% 2041 notes filed in New York on Oct 21 ⚠️ Parent-guaranteed; mkt cap ~$370.4M at $1.64 (16:00 ET, Oct 21, 2026); BRL 16.77B cash+investments Dec 31, 2024 🏦 Braskem says only the finance unit is affected; the parent is not listed as a debtor 📅 Next: No court date given; runs alongside Brazil's reorganization and US Chapter 15 cases Source: SEC 6-K, Oct 22 + SEC 6-K, Sep 28

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