China BAK Battery NASDAQ: CBAT, which operates as CBAK Energy, said it is expanding production capacity, pursuing growth in electric mobility and energy-storage markets, and testing a new battery cell for AI data center backup-power applications.
Braskem S.A. (BAK) Q2 2026 Earnings Call Transcript
Braskem NYSE: BAK reported recurring EBITDA of $1.043 billion for the second quarter of 2026, supported by wider international petrochemical spreads following supply disruptions linked to the Middle East conflict. The company said the improvement was tactical rather than evidence of a structural recovery in the global petrochemical cycle, which it expects to remain pressured by overcapacity and moderate demand.
| Chemicals Industry | Materials Sector | Helcio Tokeshi CEO | XSTU Exchange | US1055321053 ISIN |
| BR Country | 8,233 Employees | 12 May 2022 Last Dividend | 16 May 2005 Last Split | - IPO Date |
Braskem S.A., founded in 1972 and headquartered in São Paulo, Brazil, is a leading company in the production and sale of thermoplastic resins. Initially named Copene Petroquímica do Nordeste S.A., the company underwent a name change to Braskem S.A. in 2002. As a subsidiary of Novonor S.A., Braskem has established a significant presence in the chemicals and petrochemicals sector, playing a vital role in the production of a wide array of products ranging from olefins and intermediates to polyethylene and specialty chemicals. Its expansive portfolio also extends to the provision of utilities and the manufacture of chemical precursors for various industrial processes, underscoring its diversified operations and comprehensive market reach.