Recuperação extrajudicial: Braskem tem 90 dias para negociar dívida de R$ 56 bilhões

Braskem, a major Brazilian petrochemical company, has filed for extrajudicial recovery to renegotiate R$ 56 billion in debt. The move aims to restructure the company's financial liabilities amid liquidity challenges exacerbated by global geopolitical tensions and domestic economic factors, with creditors including banks and global investment funds.