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Braskem’s Mexico Unit Files for Chapter 11 Bankruptcy in US

Bloomberg Markets Tuesday 18 August 2026, 06:19 UTC By Dorothy Ma and Giovanna Bellotti Azevedo 1 min read
Key Points

Mexico’s Braskem Idesa SAPI, a joint venture between Brazil’s Braskem SA and the conglomerate of Mexican tycoon Carlos Slim, has filed for bankruptcy protection as mounting financial strain and a worsening liquidity crunch weigh on the company.

Mexico’s Braskem Idesa SAPI, a joint venture between Brazil’s Braskem SA and the conglomerate of Mexican tycoon Carlos Slim, has filed for bankruptcy protection as mounting financial strain and a worsening liquidity crunch weigh on the company.
Braskem (LOCATION) Mexico (LOCATION) US (LOCATION) Braskem Idesa SAPI (PERSON) Brazil (LOCATION) Braskem SA (ORG) Mexican (ORG) Carlos Slim (PERSON)
Originally published by Bloomberg Markets Read original →

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