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Braskem reports recurring Operating Result in 2Q21 of US$1,776 million, up 40% on 1Q21

Braskem reports recurring Operating Result in 2Q21 of US$1,776 million, up 40% on 1Q21
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SÃO PAULO, Aug. 4, 2021 /PRNewswire/
BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6;NYSE: BAK; LATIBEX: XBRK) announces today its results for 2Q21.
2Q21 HIGHLIGHTS:
Braskem - Consolidated:
In 2Q21, the Company s recurring Operating Result was US$1,776 million, 40% higher than 1Q21, mainly due to: (i) better international spreads for PE, PVC and main chemicals in Brazil, for PP in the United States and Europe and for PE in Mexico; and (ii) higher sales volumes of PP in the United States and PE in Mexico. Compared to the same quarter last year, recurring Operating Result in U.S. dollar increased 530%, due to: (i) better international spreads for main chemicals in Brazil and resins in all regions; and (ii) higher sales volume of resins and main chemicals in Brazil and PP in the United States and Europe. In Brazilian real, recurring Opera ....

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