Braskem traded at 9.40 this Tuesday March 31st, increasing 0.40 or 4.44 percent since the previous trading session. Looking back, over the last four weeks, Braskem gained 1.62 percent. Over the last 12 months, its price fell by 11.49 percent. Looking ahead, we forecast Braskem to be priced at 8.81 by the end of this quarter and at 8.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
Braskem SA is a Brazil-based integrated petrochemical company for the first and second generation of thermoplastic resins. The Company's activities are divided into three operational segments: Brazil; the United States and Europe; and Mexico. The Brazil segment is focused on the production of polyethylene (PE), polypropylene (PP) and polyvinylchloride (PVC) resins, in addition to basic chemical inputs such as ethylene, propylene, butadiene, benzene, toluene, chlorine, soda, and solvents, among others. The United States and Europe segment is responsible for the production of polypropylene in units in the United States and Germany. The Mexico segment consists of the operation of ethylene cracker and polyethylene units located in Mexico.