| Previous Close | 10.63 |
| Open | 10.68 |
| Bid | 9.75 x 800 |
| Ask | 10.80 x 900 |
| Day's Range | 10.48 - 10.91 |
| 52 Week Range | 3.86 - 12.33 |
| Volume | 190,945 |
| Avg. Volume | 268,937 |
| Market Cap | 4.212B |
| Beta (5Y Monthly) | 0.80 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Oct 04, 2019 |
| 1y Target Est | 14.00 |
Brazil's Braskem Idesa must pay more of the costs in a new gas supply agreement with state oil firm Petroleos Mexicanos (Pemex) that will save Mexico some 13.75 billion pesos ($661 million), Pemex Chief Executive Octavio Romero said on Wednesday. Pemex said under a deal struck late last month, it will only be required to supply ethane gas to Braskem Idesa until 2024 and would avoid past penalties for failing to meet the terms of the original contract, which Mexico's government had pilloried.
Braskem Idesa (BI), a Mexican unit of Brazilian petrochemical producer Braskem SA , has begun to receive natural gas from Mexican agency Cenagas, after supply of the fuel was cut off in December, it said in a Monday securities filing. In the filing, Braskem said it had signed a new service contract with Cenagas, along with a memorandum of understanding with Mexico's state-run oil firm Pemex regarding potential amendments to an ethane supply contract. The news sent Brazil-listed Braskem shares up 6.3% in early trading on Monday, significantly outpacing Brazil's benchmark Bovespa equities index, which had climbed 1.5%.
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 launch of Dansko's new line of EVA clogs made with over 50% of Braskem's renewable I'm green™ carbon negative EVA bio polymer.