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Petrochemicals Maker Braskem Beats Estimates Amid Cash Woes

Bloomberg Markets Friday 14 August 2026, 10:18 UTC By Mariana Durao 1 min read
Key Points

Petrochemicals Maker Braskem Beats Estimates Amid Cash Woes 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. The Brazilian petrochemicals giant posted second-quarter net income of 3.3 billion reais ($636 million), topping the average estimate of analysts surveyed by Bloomberg.

Petrochemicals Maker Braskem Beats Estimates Amid Cash Woes 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. The Brazilian petrochemicals giant posted second-quarter net income of 3.3 billion reais ($636 million), topping the average estimate of analysts surveyed by Bloomberg.
Braskem SA (ORG) the Persian Gulf (LOCATION) Asia (LOCATION) Brazilian (ORG) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →

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