Braskem greenlights $780M expansion of Rio de Janeiro facility to increase ethylene output
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 27 2025
0mins
Source: SeekingAlpha
Investment Announcement: Braskem approved a plan to invest 4.2 billion reais (~$780 million) to expand its petrochemical complex in Rio de Janeiro, aiming to add 220,000 tons/year of ethylene and polyethylene capacity by 2028.
Supply Agreement: The company is finalizing a long-term supply agreement with Petrobras for additional ethane, which will support the project's goals of reducing costs and emissions while modernizing its industrial operations.
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Analyst Views on BAK
Wall Street analysts forecast BAK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAK is 3.05 USD with a low forecast of 2.80 USD and a high forecast of 3.30 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
1 Hold
1 Sell
Moderate Sell
Current: 3.740
Low
2.80
Averages
3.05
High
3.30
Current: 3.740
Low
2.80
Averages
3.05
High
3.30
About BAK
Braskem SA is a Brazil-based integrated petrochemical company for the first and second generation of thermoplastic resins. The Company's activities are divided into three operational segments: Brazil; the United States and Europe; and Mexico. The Brazil segment is focused on the production of polyethylene (PE), polypropylene (PP) and polyvinylchloride (PVC) resins, in addition to basic chemical inputs such as ethylene, propylene, butadiene, benzene, toluene, chlorine, soda, and solvents, among others. The United States and Europe segment is responsible for the production of polypropylene in units in the United States and Germany. The Mexico segment consists of the operation of ethylene cracker and polyethylene units located in Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Qube Research Discloses 1% Stake in Bakkavor Group PLC
- Stake Disclosure: Qube Research & Technologies Limited disclosed a holding of 5,836,498 cash-settled derivatives in Bakkavor Group PLC, representing a 1% stake, indicating its investment interest in the company.
- Trading Details: In recent transactions, Qube increased its long positions through equity swaps at prices ranging from 230.50 to 233.50 pence per share, reflecting its positive outlook on Bakkavor's future performance.
- Regulatory Compliance: This disclosure adheres to Rule 8.3 of the Takeover Code, ensuring market transparency and demonstrating Qube's commitment to compliance and information disclosure.
- Market Impact: Qube's stake disclosure may influence Bakkavor's market performance, prompting investors to monitor subsequent stock price fluctuations and market reactions.
Continue Reading