BRASKEM - In 2020, the Recurring Operating Result was US$2,082 million, 38% higher than 2019
Share this article SÃO PAULO, March 10, 2021 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announces today its results for 4Q20 and 2020. 4Q20 HIGHLIGHTS: Braskem - Consolidated: The Company's recurring Operating Result was US$833 million, 22% higher than in 3Q20, explained mainly by better spreads for resins and main chemicals in Brazil, for PP in the United States and for PE in Mexico. Compared to 4Q19, recurring Operating Result in U.S. dollar was 246% higher, due to: (i) the better spreads for resins and main chemicals in Brazil, for PP in the Unit...
Source: prnewswire.com