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Last updated on April 16, 2014 at 17:34 EDT

Latest Odebrecht Stories

2013-04-08 20:20:29

SAO PAULO, April 8, 2013 /PRNewswire/ -- Braskem S.A. (BM&FBOVESPA: BRKM3, BRKM5, BRKM6; NYSE: BAK; LATIBEX: XBRK), the leading resin producer in the Americas, announces that its annual report for 2012 on Form 20-F was filed today with the U.S. Securities and Exchange Commission and is available on Braskem's investor relations website at www.braskem.com.br/ir. The Portuguese version will be available on Securities and Exchange Commission of Brazil (CVM) and on the Braskem's website on the...

2013-02-22 16:21:49

PHILADELPHIA, Feb. 22, 2013 /PRNewswire/ -- Braskem was included as a component of the Dow Jones Sustainability Index Emerging Markets (DJSI Emerging Markets), the new sustainability index for companies from emerging markets on the New York Stock Exchange that was launched February 21, 2013 This international recognition attests to Braskem's commitment to expanding its contribution to sustainable development through good practices in corporate governance and social and environmental...

2013-02-07 08:22:37

SAO PAULO, Feb. 7, 2013 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK announces today its results for 4Q12 and 2012. HIGHLIGHTS: Braskem's sales in 2012 were up 10%, while its market share reached 70%, a 5 p.p. expansion on 2011. Crackers capacity utilization rate in 4Q12 stood at 82%, reflecting the weaker global demand and the unscheduled shutdowns due to problems related to the electricity supply. In 2012, the capacity utilization rate...

2013-02-05 16:21:12

PHILADELPHIA, Feb. 5, 2013 /PRNewswire/ -- Braskem America announced that Charles T. Glazer has joined the company as Director of Communications and Public Relations, a new role reporting to Irlam Aragao, Vice President of People, Organization and Communications. Aragao remarked, "Braskem has established itself as an industry leader since entering the North American and European markets two years ago. We look forward to having Chuck provide leadership and organization to our communications...

2013-01-14 12:21:14

PHILADELPHIA, Jan. 14, 2013 /PRNewswire/ -- Braskem America today announced that Gustavo Valverde will lead the company's External Affairs activities and Robert Nadin will head Braskem's Institutional Relations following the retirement of Senior Vice President Bruce Rubin on January 4, 2013. Both Mr. Valverde and Mr. Nadin will be adding these responsibilities to their current roles. Valverde is currently the executive responsible for Braskem International's Legal and Corporate Governance...

2012-12-18 08:21:47

WASHINGTON, Dec. 18, 2012 /PRNewswire-USNewswire/ -- The Suppliers Partnership for the Environment (SP) today announced the addition of its newest member company, Braskem America, Inc., a leading thermoplastic resins producer in the Americas. Braskem is also a leader in the field of biopolymers, producing materials such as Green Polyethylene (Green PE) from a renewable source - sugarcane ethanol. "We are pleased to welcome Braskem to SP," said SP's Chair, Randy Leslie, Group Vice President...

2012-11-21 12:23:58

SAO PAULO, Nov. 21, 2012 /PRNewswire/ -- Construtora Norberto Odebrecht S.A. ("CNO"), through its affiliate Odebrecht Finance Ltd. (the "Company"), announced today the final results of its previously announced offer to purchase for cash (the "2023 Notes Tender Offer") the Company's outstanding 6.000% Notes due 2023 (the "2023 Notes") in an aggregate principal amount of up to the amount equal to (x) U.S.$450.0 million less (y) the aggregate principal amount of the Company's 7.000% Senior Notes...

2012-11-08 08:25:01

SAO PAULO, Nov. 8, 2012 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK announces today its results for 3Q12. HIGHLIGHTS: Braskem's sales followed the upward trend in the petrochemical industry, growing 19%. Compared to 3Q11, the domestic market expanded by 1%, while Company's sales were up 11%, reflecting the efforts to expand its domestic market share. Crackers operated at an average utilization rate of 92% in 3Q12, increasing 4 p.p. from...

2012-10-25 15:25:44

SAO PAULO, Oct. 25, 2012 /PRNewswire/ -- Construtora Norberto Odebrecht S.A. ("CNO"), through its affiliate Odebrecht Finance Ltd. (the "Company"), previously announced that it commenced (i) an offer to purchase for cash (the "2020 Notes Tender Offer") any and all of the Company's outstanding 7.000% Senior Notes due 2020 (the "2020 Notes") and (ii) an offer to purchase for cash (the "2023 Notes Tender Offer" and, together with the 2020 Notes Tender Offer, the "Tender Offers") the Company's...

2012-10-22 11:27:04

SAO PAULO, Oct. 22, 2012 /PRNewswire/ -- Construtora Norberto Odebrecht S.A. ("CNO"), through its affiliate Odebrecht Finance Ltd. (the "Company"), today announced its current intention to commence, following the pricing of the previously announced offering of U.S.$450.0 million in aggregate principal amount of the Company's 7.125% Notes due 2042, (i) an offer to purchase for cash (the "2020 Notes Tender Offer") any and all of the Company's outstanding 7.000% Senior Notes due 2020 (the "2020...