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Braskem reports Q3 sales of 574kt main chemicals and 854kt resins amid normalized petrochemical spreads
BAKBraskem SA
Braskem S.A. released preliminary production and sales data for the third quarter of 2026, reporting main chemical sales volume of 574 thousand tons (kt), a 4% decrease from the second quarter but up 19% year-over-year. Resin sales reached 854 kt, reflecting a 12% quarterly increase driven by commercial strategy in Brazil and higher export availability. Utilization rates varied by region: Brazil/South America cracker utilization held at 69%, while Mexico PE plant utilization surged to 62% due to increased ethane supply from PEMEX and imports. Conversely, United States and Europe PP plant utilization dipped to 74% amid logistical constraints in Europe. Petrochemical spreads normalized globally, with resins spreads averaging $372 per ton, down significantly from the second quarter's peak but slightly above third-quarter 2025 levels. The company operates in the petrochemical industry, producing plastics and chemicals primarily in Brazil, Mexico, the United States, and Europe.