By Brazil Stock Guide – Braskem S.A. (B3: BRKM3, BRKM5; NYSE: BAK) said it has drawn $1.0 billion (R$5.6 billion) from its available stand-by credit facility. The move raises the company’s total cash position to $2.3 billion (R$12.9 billion) as of September 30, 2025, according to preliminary figures not yet reviewed by auditors.
The company said the decision is consistent with its conservative cash management strategy and is aimed at navigating a prolonged industry downturn.
“Braskem remains committed to its stakeholders and focused on resilience and transformation initiatives to mitigate the impacts of the downcycle and strengthen the competitiveness of the Brazilian chemical industry,” the company said in its filing.
Context — The petrochemical giant, one of Latin America’s largest producers, has been hit by weak global demand and pressure on margins across the chemical industry. The new liquidity injection adds breathing room as Braskem pushes through its transformation plan while facing the longest downcycle in recent history.
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