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Braskem Not Fully Broken

2015-06-17 22:56:22| Steel - Topix.net

Braskem remains the dominant supplier of basic petrochemicals to the Brazilian market, but Brazil's economic malaise has hurt demand and weighed heavily on the shares. A new naptha supply agreement is likely to be more expensive for Braskem and book value could turn negative ahead of a new plant start-up in Mexico.

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