Petrochemical producer Braskem SA expects demand for plastic resins to grow around 2 percent this year from 2016, Chief Executive Fernando Musa said on a Wednesday earnings call. Demand for polyethylene, ...
Brazil's Braskem SA is trimming investments this year as it winds down spending on a new plant in Mexico and cuts back strategic new projects after a bribery settlement hammered earnings last year, according to a Wednesday securities filing. Latin America's largest petrochemical company plans to invest 1.814 billion reais ($586 million) in 2017, down from 2.975 billion reais invested last year, including 1.195 billion reais to Mexico's Ethylene XXI. Braskem and shareholder Odebrecht SA agreed in December to the largest penalty ever in an international bribery case, resolving an investigation into political kickbacks at state oil company Petroleo Brasileiro SA.
- PR Newswire•2 days ago
SAO PAULO, Feb. 22, 2017 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its non-audited preliminary results for 2016. HIGHLIGHTS: Brazil: ...
BAK : Summary for Braskem SA ADR - Yahoo Finance
Braskem S.A. (BAK)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||21.30 - 22.50|
|52 Week Range||10.82 - 23.15|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||11.58|
|Dividend & Yield||1.49 (6.76%)|
|1y Target Est||N/A|