Braskem Selected to Negotiate Terms of a Prestigious $50 Million Award from U.S. Department of Energy to Drive Electrification Revolution
Braskem SA ADR (BAK)
US:NYSE Investor Relations:
braskem.com.br/ri/home-en
Company Research
Source: Business Wire
Braskem’s UTEC® - Accelerating the Future of U.S. Lithium-Ion Battery Manufacturing PHILADELPHIA & HOUSTON--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), the Americas' leading polyolefins producer and a global pioneer in biopolymers, today proudly announces that the company has been selected by the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains to negotiate terms of a $50 million award under the Bipartisan Infrastructure Law. This landmark funding would expand Braskem's ultra-high molecular weight polyethylene (UHMWPE) production capabilities in La Porte, Texas, specifically targeting the lithium-ion battery separator (LIBS) market.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923835464/en/Braskem's UTEC facility in La Porte, Texas (Photo: Business Wire)Braskem sells UHMWPE under the trade name UTEC® (“UTEC”). By driving innovation in UTEC technology,
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- Braskem Netherlands Finance B.V. announces expiration and final results of cash tender offer for any and all of its outstanding Subordinated Resettable Fixed Rate Notes due 2081PR Newswire
BAK
Sec Filings
- 11/8/24 - Form 6-K
- 11/8/24 - Form 6-K
- 11/7/24 - Form 6-K
- BAK's page on the SEC website