Latest Braskem Stories

2011-07-27 13:26:00

SAO PAULO, July 27, 2011 /PRNewswire/ -- Braskem, the leading resin producer in the Americas, announced the acquisition of the Polypropylene Business from The Dow Chemical Company for US$323 million. This transaction represents an important step in Braskem's growth strategy in the Americas and consolidates its polypropylene leadership in the U.S. The assets involved in the deal include two manufacturing plants in the U.S. and two in Germany, with a total annual polypropylene production...

2011-03-17 08:57:00

SAO PAULO, March 17, 2011 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for 4Q10 and FY2010. HIGHLIGHTS: Braskem consolidated EBITDA stood at R$ 1.1 billion in the last quarter of the year. Quattor's crackers operated at capacity utilization rates above 90% in 4Q10, led by the Rio de Janeiro unit (former Riopol), which recorded an average utilization rate of 93%, making Quattor EBITDA reach R$361 million in...

2011-03-01 13:52:00

PHILADELPHIA, March 1, 2011 /PRNewswire/ -- Braskem today announced that Luiz de Mendonca has been named CEO of Braskem America. He succeeds Carlos Fadigas, who led Braskem America until his appointment to the role of CEO of Braskem S.A. Mendonca will be based in Philadelphia, PA. In addition to his position as CEO, Mendonca will lead Braskem's international expansion projects, including those already in place in Mexico, Venezuela and Peru as well as the company's green chemical business....

2011-01-25 06:30:00

NINGBO, China, Jan. 25, 2011 /PRNewswire-Asia-FirstCall/ -- Keyuan Petrochemicals, Inc. (Nasdaq: KEYP) ("Keyuan or the "Company"), a leading merchant manufacturer of various petrochemical products in China, today announced that it has received approval for a patent related to the Company's proprietary production process, called MEP (Multiple Ethylene Propylene). MEP is an exclusive and leading technology used in Keyuan's existing production process. Through the ingenuity of its CEO...

Word of the Day
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'