Braskem Idesa filed for pre-packaged bankruptcy after chronic ethane shortages from PEMEX eroded its cost advantage and liquidity during a petrochemical downturn. Despite rising polyethylene prices, t
Braskem Idesa filed for Chapter 11 bankruptcy in Texas as creditors agreed to cut $920 million from its $2.5 billion debt. The restructuring addresses liquidity issues stemming from constrained ethane
Braskem Idesa filed for Chapter 11 bankruptcy in the U.S. to reduce debt by over $920 million while maintaining operations. Parent company Braskem is also exploring restructuring options in Brazil due
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