Braskem sees its earnings fall 42%

Robinson, Simon
May 2006
ICIS Chemical Business;5/15/2006, Vol. 1 Issue 19, p15
Trade Publication
The article reports on the profits posted by Brazil-based Braskem SA in the first quarter of 2006. The company's earnings before interest, taxes, depreciation and amortization declined 42% to Real 400 million (€152 million/$193 million) during the first quarter of 2006, compared with the previous year. Its net profit was Real 122 million in the first quarter, compared with a net profit of Real 206 million in the first quarter of 2005.


Related Articles

  • Regional Growth Benefits Braksem. Sissell, Kara // Chemical Week;1/21/2004, Vol. 166 Issue 2, p56 

    Presents information on Latin American chemical firm Braskem as of January 21, 2004. Financial status of Braskem; Possible competition faced by the company; Priorities and plans of Braskem for its future.

  • Brazil's PQU's earnings and net income drop. Robinson, Simon // ICIS Chemical Business;5/15/2006, Vol. 1 Issue 19, p15 

    The article reports on the profits posted by Brazil-based Petroquimica Uniao SA in the first quarter of 2006. The chemical company posted first quarter 2006 earnings before interest tax, depreciation and amortization of Real 35.6 million (€13.6 million/$17.3 million) a decline of 65.4%...

  • Braskem Eyes Triunfo; Targets Top-10 Global Petchem Position. Sim, Peck Hwee // Chemical Week;4/4/2007, Vol. 169 Issue 12, p7 

    The article focuses on the plan by Braskem Co. of São Paulo, Brazil to acquire Petroquimica Triunfo Co. of Porto Alegre, Brazil. An acquisition of Petroquimica Triunfo would further streamline Brazil's fragmented ownership structure, analysts say. According to Carlos Grubisich, chief...

  • Braskem Details Project Plans for U.S., Americas. Sissell, Kara // Chemical Week;8/16/2010, Vol. 172 Issue 19, p8 

    The article provides information about the plans of Braskem in the U.S. It announces the firm's plan to incorporate the Quattor and Sunoco acquisitions. Despite pursuing a polyethylene project for Mexico, Braskem remains focused on measures to preserve its financial health and stability. The...

  • NEW PROJECTS. Gordon, Michael // European Chemical News;8/9/2004, Vol. 81 Issue 2112, p33 

    Presents an update on issues related to projects in the chemical industry in Brazil as of August 2004. Plan of Braskem to expand its polyethylene plant in Camacari; Financing obtained by Brazilian mining group Companhia Vale do Rio Doce for its aluminum oxide expansion in Barcarena, Pará.

  • Braskem aims for Top 10. Chang, Joseph // ICIS Chemical Business Americas;10/30/2006, Vol. 270 Issue 16, p15 

    The article reports on the goal of Brazilian chemical company Braskem to become one of the top ten petrochemical companies in the world in the next five years. Venezuela looms large in the company's ambitious plans, as the company seeks to gain Middle East type feedstock cost advantages in the...

  • news briefs.  // Chemical Week;8/11/2008, Vol. 170 Issue 25, p4 

    This section offers news briefs on the chemical industry. Monsanto says it expects gross profit for its corn seeds business to grow by 25% this year, and by another 25%-30% in 2009. K.A. Steel Chemicals says it has acquired Old World Industries' liquid caustic soda distribution business for an...

  • newsbriefs.  // Chemical Week;2/25/2008, Vol. 170 Issue 6, p4 

    This section offers news briefs concerning the chemical industry. Braskem reported fourth-quarter 2007 net income down 79%, to R27 million compared to the same year-ago period. Dow Chemical plans to carry out a feasibility study to expand toluene diisocyanate (TDI) production at its...

  • news briefs.  // Chemical Week;8/20/2003, Vol. 165 Issue 29, p3 

    Presents updates on the chemical industry as of August 20, 2003. Completion of the acquisition of shares in Trikem and Polialden from Mitsuibishi Chemical and Nissho by Braskem, a chemical company based in Brazil; Earnings posted by Valspar for the third-quarter fiscal ending May 31, 2003; Move...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics