Financing ·
Braskem S.A. has initiated a mediation proceeding before the Wind Mediation Chamber and filed a request for…
BAKBraskem SA
Braskem S.A. has initiated a mediation proceeding before the Wind Mediation Chamber and filed a request for Precautionary Injunctive Relief in the 2nd Bankruptcy and Judicial Reorganization Court of São Paulo. These actions target only the company's financial creditors to facilitate a consensual, structural, and orderly restructuring of its capital structure. The company stated the measures are strictly financial and do not affect obligations to suppliers, customers, or other stakeholders, which continue in the ordinary course. Braskem is a petrochemical company that produces various chemical and plastic products.