Braskem SA, a major player in the petrochemical industry, announced on May 28, 2025, that its corporate credit rating has been revised by Fitch Ratings and S&P Global Ratings to BB. Fitch assigned a stable outlook while S&P gave it a negative outlook. The changes reflect ongoing challenges in the global petrochemical sector and broader economic uncertainties. Braskem is committed to maintaining liquidity and strengthening the competitiveness of Brazil's chemical industry through various resilience and financial health initiatives.
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