Latin America's leader in the thermoplastic resins segment, Braskem has concluded negotiations to raise upto US$ 1.2 billion through a bridge loan. This loan will help Braskem to finance the acquisition of Ipiranga Group's petrochemical business jointly with Petrobras and the future delisting of Copesul. Both these businesses are strategic assets in Braskem's growth strategy that will help in value creation and consolidation of the petrochemical sector in the south of Brazil.
14-Apr-07 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}