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Braskem furnished a policy establishing principles, responsibilities, and procedures for identifying, assessing, treating, monitoring, and communicating risks across Braskem and its controlled companies. The policy assigns Board and committee oversight of the Global Corporate Risk Matrix, strategic risks, treatment plans, and consolidated risk exposure, and contains no financial results or guidance.
Read source-backed briefBraskem S.A. has disclosed that it provided non-public information to holders and investment managers of Senior Notes and Debentures regarding an update to the Extrajudicial Reorganization Plan (EJ Plan), including the company's updated business plan, cash flow projections, Braskem Proposal (October 23, 2026), and Investor Proposal (October 24, 2026). After several in-person meetings among Braskem, main shareholders, and Investors, neither proposal has been accepted and parties have not reached agreement on rest...
Read source-backed briefOn October 21, 2026, FFI Fund Ltd., FYI Ltd. and Olifant Fund Ltd. filed an involuntary Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of New York against Braskem America Finance Company, an indirect subsidiary of Braskem S.A. The Chapter 11 Petition relates only to America Finance and its 7.125% Notes due 2041, which have an aggregate outstanding principal amount of approximately US$589 million and are guaranteed by Braskem. The Petitioning Creditors claim to hold approximately US$27...
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