Braskem SA said negotiations with creditors are advancing as part of an effort to restructure the troubled petrochemicals producer’s finances.
Braskem SA reported better-than-expected results in the second quarter, benefitting from war-related disruptions to petrochemical supplies from the Persian Gulf and Asia.
Braskem eyes out-of-court restructuring as early as this month, sources say
IG4, Petrobras confirmed as co-controllers of Brazil's Braskem, concluding April deal
Brazil's Petrobras gains stronger footing in Braskem shakeup
Brazil's Braskem elects Petrobras CEO as new chair, reports Folha
Brazil's Petrobras decides not to exercise waiver rights over Novonor's stake sale in Braskem
Brazil's Novonor signs deal to sell controlling stake in Braskem to IG4
Brazil's Braskem boosted by petrochemical prices, but debt problem looms
Brazil's Braskem set for control shake-up as Novonor sells stake to IG4