Braskem is trading 10.23% up now at BRL 3.88 after Petrobras and Braskem agreed to raise their intercompany credit limit from R$350 million to R$2.35 billion for raw-material purchases.
- The arrangement provides short-term operating liquidity through December 2026 and includes customer-receivables guarantees.
- The rebound follows three consecutive declines.
- Braskem’s August 24 extrajudicial restructuring filing covers approximately US$10.9 billion of unsecured financial obligations.