financetom
Business
financetom
/
Business
/
Brazil's Braskem has no plans to sell US assets, says CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brazil's Braskem has no plans to sell US assets, says CEO
Aug 7, 2025 9:29 AM

SAO PAULO, Aug 7 (Reuters) - Brazilian petrochemical

producer Braskem ( BAK ) has no plans to sell its plants in

the United States, its chief executive said on Thursday, adding

they are an "integral part" of the company's strategy.

Earlier in the day, newspaper O Globo reported that chemical

firm Unipar was in talks to buy Braskem's ( BAK ) units in

Texas, Pennsylvania and West Virginia in a deal estimated at

around $1 billion.

Unipar did not immediately respond to a request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Dream Finders Homes Insider Sold Shares Worth $3,011,733, According to a Recent SEC Filing
Dream Finders Homes Insider Sold Shares Worth $3,011,733, According to a Recent SEC Filing
Sep 9, 2025
03:19 AM EDT, 09/09/2025 (MT Newswires) -- William Radford Lovett II, 10% Owner, on September 04, 2025, sold 100,000 shares in Dream Finders Homes ( DFH ) for $3,011,733. Following the Form 4 filing with the SEC, Lovett has control over a total of 4,063,232 Class A common shares of the company, with 22,349 shares held directly and 4,040,883 controlled...
Ford to recall nearly 1.5 million vehicles in US over faulty rear-view camera, NHTSA says
Ford to recall nearly 1.5 million vehicles in US over faulty rear-view camera, NHTSA says
Sep 9, 2025
(Reuters) -Ford is recalling 1,456,417 vehicles in the U.S. due to a rear-view camera issue causing inverted, distorted, or blank image, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said on Tuesday. ...
India market regulator says investigation into Jane Street could be wider
India market regulator says investigation into Jane Street could be wider
Sep 9, 2025
BENGALURU, Sept 9 (Reuters) - India's markets regulator on Tuesday said the investigation and final order on Jane Street could be much wider, adding that it will not release any documents that were not relied upon for passing the order in the case. Last week, Jane Street filed an appeal against the Securities and Exchange Board of India (SEBI), seeking...
Philippines' potential purchase of F-16 jets on hold due to budget constraints, envoy says
Philippines' potential purchase of F-16 jets on hold due to budget constraints, envoy says
Sep 9, 2025
MANILA, Sept 9 (Reuters) - The Philippines' potential purchase of F-16 fighter jets from the United States has been put on hold due to budget constraints, Manila's ambassador to Washington said on Tuesday. The U.S. State Department approved the potential sale, valued at an estimated $5.6 billion, earlier this year in what was seen as a significant capability boost for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved