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Braskem Prepares Request for Extrajudicial Recovery

Summary by Globo
Braskem prepares to enter with request for extrajudicial recovery next week, according to sources. The aim is to restructure a debt of US$ 10.3 billion. On June 25th, the company obtained a precautionary custody for 60 days in the 2nd Bar of Bankruptcy and Judicial Recovery of the County of the Capital of the State of São Paulo, which suspended the execution of creditors. But the deadline expires on August 24th. According to this source, the ext…

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Braskem Prepares Request for Extrajudicial Recovery

Braskem prepares to enter with request for extrajudicial recovery next week, according to sources. The aim is to restructure a debt of US$ 10.3 billion. On June 25th, the company obtained a precautionary custody for 60 days in the 2nd Bar of Bankruptcy and Judicial Recovery of the County of the Capital of the State of São Paulo, which suspended the execution of creditors. But the deadline expires on August 24th. According to this source, the ext…

·Rio de Janeiro, Brazil
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Globo broke the news in Rio de Janeiro, Brazil on Tuesday, August 18, 2026.
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