Braskem's Recurring EBITDA in the quarter was US$187 million, 34% higher than 2Q23
09 Novembro 2023 - 4:24AM
PR Newswire (US)
Green PE's operational performance was
above nominal capacity of 260,000 tons/year with utilization rate
of 108% in the quarter
SÃO PAULO, Nov. 9, 2023
/PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and
BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the
Americas and the world's leading biopolymers producer, presents its
3Q23 Earnings Release.
3Q23 HIGHLIGHTS
CONSOLIDATED
- Recurring EBITDA of US$ 187 MM,
around R$921 million. Higher than
2Q23 (US$ 140 MM) and lower than 3Q22
(US$ 371 MM).
- Liquidity of US$ 3.4 bi,
guaranteed coverage of debt maturities over the next 75
months.
- Resin Sales – Brazil: Increase
in sales volume of PE, PP and PVC by 12%, compared to 2Q23. 9%
growth in demand for resins in Brazil in 3Q23 compared to 2Q23.
- Production of green ethylene: Utilization Rate of 108%, +24
p.p. vs. 2Q23 and +6 p.p. vs. 3Q22. Expansion of production
capacity concluded in 2Q23.
The full earnings release is available on the Company's IR
website: www.braskem-ri.com.br/home-en
Braskem will host conference calls to discuss its Results
Thursday, November 09 at 10:00 a.m. US ET.
Additional information may be obtained from the Investor
Relations Department at +55 11 3576-9531 or
braskem-ri@braskem.com.br.
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SOURCE Braskem
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