Earnings ·
Braskem S.A. reported second-quarter 2026 results, posting consolidated recurring EBITDA of US$1,043 million, a…
BAKBraskem SA
Braskem S.A. reported second-quarter 2026 results, posting consolidated recurring EBITDA of US$1,043 million, a significant increase from US$192 million in the first quarter and US$74 million in the prior year period. The improvement was primarily driven by widened international spreads for chemicals and resins due to Middle East trade disruptions, which expanded arbitrage windows between the US and Asia. Segment performance varied: Brazil/South America generated US$869 million in EBITDA supported by strong margins; USA & Europe reported US$147 million despite maintenance-related volume declines; and Mexico recorded US$57 million amid liquidity preservation measures that reduced ethane availability and sales volumes. The company also provided updates on the Alagoas geological event, noting a total provision of R$18.2 billion with R$14.6 billion disbursed to date for resident relocation and cavity closure initiatives. Braskem S.A. operates in the petrochemical industry, producing plastics and basic chemicals.