Latin America’s largest petrochemicals producer-Braskem SA has posted a profit for Q3-09 on recovering domestic demand and falling feedstock costs. In the quarter, net income rose to 645 mln reais (USS$365 mln) vs net loss of 819 mln reais in Q3-08; and EBITDA at 838 mln reais, exceeded analysts’ expectations.
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Thursday, November 05, 2009
Braskem posts Q3-09 profits on domestic demand recovery and weaker feedstock costs
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