Braskem and its controlling shareholder Novonor (formerly known as Odebrecht) have now confirmed a takeover offer from private equity investors Apollo and Abu Dhabi...
Brazilian conglomerate Odebrecht has begun the initial process to sell up to its full shareholding in polyolefins producer Braskem. Odebrecht is selling its stake in...
06.08.2019
- Brazilian petrochemicals giant Braskem, the country’s largest plastics and petrochemicals producer and the largest producer of PP in North America, has officially abandoned plans...
27.06.2019
- Brazilian conglomerate Odebrecht, the majority stakeholder in petrochemical company Braskem, has filed for bankruptcy protection to restructure $13 billion of debt following its...
22.03.2019
- A deal between Brazilian conglomerate Odebrecht and LyondellBasell over a possible sale of Odebrecht’s 38.3% share in compatriot petrochemical producer Braskem to the Texas-managed...
11.04.2017
- Mexican prosecutors have called officials at national oil company Petroleos Mexicano (Pemex) to give testimony in the “car wash” bribery and corruption scandal that has engulfed...
22.03.2016
- China could be poised for another spectacular takeover of a Western company, as China National Offshore Oil Corporation (CNOOC) is seen to be mulling a deal for Brazilian...
26.06.2015
- Shell has received an air-permit application for a proposed ethane-best petrochemical complex in western Pennsylvania from the state’s Department of Environmental Protection (DEP)...
