Braskem posts loss on charges, lower margins outside Brazil

Braskem posts loss on charges, lower margins outside Brazil
WESPECH PTE LTD
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07.08.2020

MOSCOW (MRC) -- Braskem posted a net loss of R2.5 billion (USD468.1 million), including a provision of R1.6 billion related to geological damage at its Alagoas salt mining site, said Chemweek.The company's second-quarter results included an additional R1.6bn related to the geological event it has been accused of causing in Alagoas state. The increase in EBITDA is mainly due to lower feed

Full article at mrcplast.com

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