Braskem SA ADR (BAK)
4.6400
-0.1200 (-2.52%)
Braskem S.A. is a leading Brazilian petrochemical company that specializes in the production of a wide range of thermoplastic resins and other petrochemical products
The company operates a diverse portfolio of manufacturing facilities and is involved in the entire value chain, from raw material extraction to the creation of finished products. Braskem serves various industries, including packaging, construction, automotive, and consumer goods, leveraging its innovative technologies to develop sustainable solutions and contribute to the circular economy. With a commitment to responsible production and environmental stewardship, Braskem aims to meet the growing demand for high-quality materials while minimizing its ecological footprint.
Philadelphia Eagles and Braskem “Tackling STEM” Program Empowers Youth Across the Greater Philadelphia Area
The Philadelphia Eagles and Braskem, (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, have enhanced their partnership with the launch of their new STEM education program, Tackling STEM, for the 2024-2025 academic school year. Tackling STEM is an education program that delivers free digital and hands-on interactive STEM (science, technology, engineering, and math) education opportunities to students in the Greater Philadelphia area with over 20 schools participating. The program is supported by Science of Sport, a nonprofit organization that teaches kids STEM through sports.
By Braskem · Via Business Wire · November 12, 2024
Braskem and WEAV3D® Awarded by the Society for Plastics Engineers (SPE) and American Composites Manufacturers Association (ACMA)
Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, and WEAV3D Inc., an advanced manufacturing and materials startup, today announced Braskem's and WEAV3D Inc.'s thermoplastic composite lattice technology, in partnership with the Clemson Composites Center at Clemson University, was selected Most Innovative Part by the Society for Plastics Engineers (SPE) Automotive Composites Conference and Exhibition (ACCE) and was awarded the Material and Process Innovation Award by the American Composites Manufacturers Association (ACMA) for its Awards for Composites Excellence (ACE).
By Braskem · Via Business Wire · September 25, 2024
Braskem Selected to Negotiate Terms of a Prestigious $50 Million Award from U.S. Department of Energy to Drive Electrification Revolution
Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), the Americas' leading polyolefins producer and a global pioneer in biopolymers, today proudly announces that the company has been selected by the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains to negotiate terms of a $50 million award under the Bipartisan Infrastructure Law. This landmark funding would expand Braskem's ultra-high molecular weight polyethylene (UHMWPE) production capabilities in La Porte, Texas, specifically targeting the lithium-ion battery separator (LIBS) market.
By Braskem · Via Business Wire · September 23, 2024
Braskem America Introduces Bio-Circular Polypropylene (PP): A Sustainable Solution for the Restaurant and Snack Food Industries
Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, today announced the launch of its innovative bio-circular polypropylene (PP), which it sells under the brand name WENEW. WENEW is a groundbreaking advancement in sustainability for the restaurant and snack food industries. Derived from used cooking oil (UCO), this certified bio-circular ISCC Plus mass-balanced product represents a significant step towards a more sustainable economy, helping to displace fossil fuels.
By Braskem · Via Business Wire · September 16, 2024
Braskem Announces the Official Opening of its Renewable Innovation Center in Lexington, Massachusetts
Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, today announced the opening of its Renewable Innovation Center located in Lexington, Mass. Braskem’s new 35,000-square-foot innovation center will accelerate innovation in renewable chemicals and materials. Capabilities at the new center will expand Braskem’s competencies in biotechnology, catalysis, and process engineering. A particular focus will be given to early-stage science and engineering related to the conversion of biomass-based feedstocks, including sugars, cellulose, plant oils, and lignin, to sustainable chemicals and materials. This will enhance Braskem’s resources focused on the discovery of technologies that will drive new growth-oriented offerings centered around combating climate change. This innovation center is the latest expansion of Braskem’s global Innovation & Technology footprint.
By Braskem · Via Business Wire · September 10, 2024
Braskem and WEAV3D® Win the Altair Enlighten 2024 Future of Lightweighting Award
Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, and WEAV3D Inc., an advanced manufacturing and materials startup, today announced Braskem's and WEAV3D Inc.'s thermoplastic composite lattice technology, in partnership with the Clemson Composites Center at Clemson University, were named first place winners of the 2024 Altair Enlighten Award’s Future of Lightweighting category. The award recognized the partnerships’ cost-effective lightweight solution to enhance the performance of PP for structural automotive applications.
By Braskem · Via Business Wire · August 12, 2024
Braskem Expands Its Fuels Business Portfolio With the Launch of Octane Plus
Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the expansion of its fuels business portfolio with the launch of Octane Plus focused on serving the premium segment of automotive fuels market worldwide. Octane Plus is an additive blended in the gasoline production process to increase the fuel's octane rating. The addition of Braskem’s Octane Plus enhances the fuel's ability to withstand intense temperatures which is crucial for high-performance engines requiring enhanced-octane gasoline to deliver the maximum power output.
By Braskem · Via Business Wire · May 20, 2024
Shell Chemicals and Braskem Bring Certified Bio-Attributed and Bio-Circular Propylene and Polypropylene to the U.S. Market
Shell Chemicals recently started to supply Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) with bio-attributed and bio-circular propylene feedstocks, based on a mass balance approach and independently certified by a third party.
By Braskem · Via Business Wire · March 14, 2024
Braskem Donates to the Mary M. Campbell Marcus Hook Public Library
Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), a company committed to human rights and equity in our supply chain and the local development of surrounding communities, has donated $10,000 to the Mary M. Campbell Marcus Hook Public Library, and a check was presented during a ceremony on Thursday, March 7, 2024.
By Braskem · Via Business Wire · March 8, 2024
Braskem Hosts 25th Red Cross Blood Drive in Partnership with the American Red Cross
Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer producer of biopolymers on an industrial scale, recently hosted its 25th blood drive on Thursday, February 22nd at its production facility in Neal, West Virginia in partnership with the American Red Cross. This milestone reflects Braskem's commitment to making a positive impact and prioritizing the health and well-being of neighboring communities.
By Braskem · Via Business Wire · February 26, 2024
Braskem and WEAV3D® Announced as Finalists for JEC Composites Innovation Awards 2024
Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer producer of biopolymers on an industrial scale, in partnership with WEAV3D Inc., an advanced manufacturing and materials startup, today announced that their innovative automotive door component prototype was selected as one of three finalists in the Automotive and Road Transportation – Process category of the JEC Composites Innovation Awards 2024.
By Braskem · Via Business Wire · January 16, 2024
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Braskem S.A. (BAK) on Behalf of Investors
Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Braskem S.A. (“Braskem” or the “Company”) (NYSEBAK) investors concerning the Company’s possible violations of the federal securities laws.
By Glancy Prongay & Murray LLP · Via Business Wire · December 21, 2023
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Braskem S.A. (BAK) on Behalf of Investors
Law Offices of Howard G. Smith announces an investigation on behalf of Braskem S.A. (“Braskem” or the “Company”) (NYSEBAK) investors concerning the Company’s possible violations of federal securities laws.
By Law Offices of Howard G. Smith · Via Business Wire · December 20, 2023
The Law Offices of Frank R. Cruz Announces Investigation of Braskem S.A. (BAK) on Behalf of Investors
The Law Offices of Frank R. Cruz announces an investigation of Braskem S.A. (“Braskem” or the “Company”) (NYSEBAK) on behalf of investors concerning the Company’s possible violations of federal securities laws.
By The Law Offices of Frank R. Cruz · Via Business Wire · December 20, 2023
CORRECTING and REPLACING Braskem EVA Recycling Technology Research Partnership Awarded RD&D Grant from the REMADE Institute
Please replace the release dated November 20, 2023 with the following corrected version due to multiple revisions.
By Braskem · Via Business Wire · November 28, 2023
Braskem Announces REMADE Institute Grant Award to Develop New Recycling Process Technology to Extract Pure Polypropylene from PCR
Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced its polymer recycling technology research partnership has been awarded a $600,000 Research, Demonstration, and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute, a public-private partnership established by the United States Department of Energy (DOE). The winning RD&D project is focused on innovating a new recycling process technology to extract pure polypropylene (PP) from PCR multilayer packaging waste that is currently hard to recycle. The project is a partnership between Braskem America, Michigan Technological University, and the University of Wisconsin–Madison, all of which are providing additional foundational project funding. REMADE is the first institute in the U.S. dedicated to accelerating the nation’s transition to a Circular Economy.
By Braskem · Via Business Wire · November 20, 2023
Braskem Announces REMADE Institute Grant Award for Advanced Manufacturing of Sustainable and Recyclable Multilayer Plastic Films
Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced its polymer recycling technology research partnership has been awarded a $671,000 Research, Demonstration, and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute, a public-private partnership established by the United States Department of Energy (DOE). The winning RD&D project is focused on new advanced manufacturing technology to produce sustainable and recyclable multilayer plastic films with outstanding properties for challenging applications. The project is a partnership between Braskem America, the University of Massachusetts Lowell, Dow Chemical, and Aquapak, all of which are providing additional foundational project funding. REMADE is the first institute in the U.S. dedicated to accelerating the nation’s transition to a Circular Economy.
By Braskem · Via Business Wire · November 20, 2023
Braskem and Oxiteno sign a partnership to supply bio-attributed ethylene
Committed to supporting the circular economy and fighting climate change, Brazilian petrochemical companies Braskem and Indorama Ventures IOD - Oxiteno announce a partnership to supply bio-attributed ethylene from renewable sources.
By Braskem · Via Business Wire · November 6, 2023
Braskem Takes Polypropylene to the Next Level of Performance in Partnership with WEAV3D® utilizing its Rebar for Plastics® Lattice Technology
Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer producer of biopolymers on an industrial scale, today announced a novel demonstrator of Braskem’s polypropylene (PP) in combination with WEAV3D Inc., an advanced manufacturing and materials startup, leveraging WEAV3D’s thermoplastic composite lattice technology to enhance the performance of PP for structural and automotive material applications.
By Braskem · Via Business Wire · September 28, 2023
Braskem to purchase plastic-waste-derived feedstock from Vitol SA, produced by WPU – Waste Plastic Upcycling A/S in Denmark
Braskem and Vitol S.A. have announced an agreement for circular feedstock derived from plastic waste. Under the agreement, Vitol will start to supply Braskem Netherlands B.V. with pyrolysis oil produced in the chemical recycling process at the facilities of WPU – Waste Plastic Upcycling A/S, in Denmark.
By Braskem · Via Business Wire · September 12, 2023
Braskem’s Carbon Negative Biopolymers to Be Spotlighted by “World’s Greatest…!” Television Series
Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) today announced that it has been selected to participate in an upcoming segment in the “World’s Greatest…!” television series that airs on Bloomberg Television.
By Braskem · Via Business Wire · September 11, 2023
Braskem and SCG Chemicals join forces to advance in the bio-based Ethylene project in Thailand
Braskem, the leading global biopolymer producer, and SCG Chemicals, a leading petrochemical company in Thailand and Southeast Asia, have signed a joint venture (JV) agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners, this joint venture aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize I’m green™ bio-based polyethylene (PE), using the EtE EverGreen™ technology. The technology results from the partnership agreement between Lummus Technology LLC and Braskem B.V. to develop and license this technology.
By Braskem · Via Business Wire · August 17, 2023
Braskem Expands Its Biopolymer Production by 30% Following an Investment of US$ 87 Million
In June, Braskem concluded a 30% increase in the production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The US$ 87 million investment aims to meet the growing global demand for sustainable products. The plant now operates at an increased capacity, from 200,000 to 260,000 tons/year. Braskem’s bio-based ethylene is made from sustainably sourced, sugarcane-based ethanol which removes CO2 from the atmosphere and stores it in products for daily use.
By Braskem · Via Business Wire · July 24, 2023
Braskem America Awarded International Sustainability & Carbon Certification PLUS (ISCC PLUS) for all U.S. Production Facilities
Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, announced that Braskem America has received International Sustainability & Carbon PLUS (ISCC PLUS) certification for all five of its polypropylene (PP) manufacturing facilities in the United States.
By Braskem America · Via Business Wire · January 25, 2023
Braskem and Nexus Circular Strengthen Relationship Through a Long-Term Contract for Circular Plastic Feedstocks From New Advanced Recycling Facility
Nexus Circular and Braskem S.A. (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Braskem”), the largest polyolefins producer in the Americas, today announced that they have signed a 10-year definitive commercial agreement for the supply of circular feedstocks from a new advanced recycling facility. Braskem completed a strategic investment in Nexus Circular in January 2022.
By Braskem America, Inc. · Via Business Wire · January 23, 2023