Latin America's biggest plastics maker has just passed to new owners — and the new team's entire mandate is to rescue a company that has lost money every year since 2022, carries more debt than assets, and still bears the scars of a geological disaster it caused in a Brazilian city. Full nameBraskem S.A. Tickers / exchangeBRKM3, BRKM5 (B3, São Paulo); BAK (NYSE); XBRK (BMAD, Madrid) HeadquartersSão Paulo, SP, Brazil Sector / industryBasic Materials — Chemicals / Petrochemicals Employees8,233 Market value (market cap)BRL 4.4bn / US$846.7M (our calculation) Yearly sales …
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