IHS Chemical Week

Regions :: South America :: Brazil

Braskem’s Earnings Rise on Favorable Currency Exchange Rates

9:32 AM MDT | August 18, 2008 | Chemical Week Editorial Staff

Braskem (São Paulo) reported second-quarter net income up 36%, to R383 million ($244 million), compared with the year-ago period. Braskem attributes the increase primarily to positive impact from foreign exchange rates. Ebitda fell 44%, to R519 million ($334 million), due to high naphtha costs combined with a decline in sales volumes for basic petrochemicals, Braskem says. Net sales fell 11%, to R4.4 billion ($2.7 billion). Braskem cites lower aromatics sales as well as lower ethylene and propylene sales volumes resulting from scheduled maintenance...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa