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NEWS Braskem Idesa launching PE production at Ethylene XXI
2016-03-08 21:06:36| Chemicals - Topix.net
After a brief delay, the Braskem Idesa joint venture is launching production of polyethylene at its new complex near Coatzacolacos, Mexico. "Our contractors and commissioning team have been working around the clock in order to speed up some critical activities in order to have a safe and uneventful start-up in February and March," business development director Cleantho Leite Filho said in a recent email to Plastics News .
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Braskem SA (BAK) Shares Bought by Acadian Asset Management
2016-01-30 21:32:38| Chemicals - Topix.net
Acadian Asset Management raised its position in Braskem SA by 33.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 344,849 shares of the company's stock after buying an additional 85,604 shares during the period.
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UPDATE 1-Petrobras hires bank for Braskem stake sale, Folha says
2016-01-13 15:17:53| Chemicals - Topix.net
Jan 13 State-controlled oil producer Petroleo Brasileiro SA hired Banco Bradesco BBI to help sell a 36.1 percent stake in petrochemical giant Braskem SA, Folha de S. Paulo newspaper reported on Wednesday. The company, commonly known as Petrobras, wants to dispose of the Braskem stake to help raise cash from a targeted $15.1 billion in asset divestments by the end of the year, Folha reported, without citing sources.
Braskem SA (BAK) Stock Rating Upgraded by Zacks Investment Research
2015-12-22 01:42:02| Chemicals - Topix.net
The brokerage currently has a $16.00 price objective on the stock. Zacks Investment Research 's target price would suggest a potential upside of 17.82% from the company's current price.
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Braskem SA (BAK) Upgraded to Buy at Zacks Investment Research
2015-12-03 00:00:09| Chemicals - Topix.net
The brokerage presently has a $15.00 price target on the stock. Zacks Investment Research 's target price would suggest a potential upside of 13.64% from the company's current price.
Tags: buy
research
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upgraded
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