Braskem Locks In Long-Term Petrobras Feedstock Deals to Support Brazil Petrochemical Operations and Expansion

Braskem SA ( (BAK) ) has provided an announcement.

On December 18, 2025, Braskem S.A. announced that it has signed a series of long‑term feedstock supply contracts with Petróleo Brasileiro S.A. – Petrobras, securing key raw materials for its Brazilian industrial complexes from 2026 onward. The agreements cover five‑year naphtha supply for plants in São Paulo, Bahia and Rio Grande do Sul with volumes rising to 4.116 million tons in 2026 and 4.316 million tons by 2030, an 11‑year contract for ethane, propane and hydrogen in Rio de Janeiro tied to international natural gas and propane benchmarks to support both existing operations from 2026–2028 and an expansion of the Rio de Janeiro petrochemical complex from 2029–2036, and five‑year propylene contracts starting May 18, 2026 from several Petrobras refineries with specified annual volumes. These deals strengthen Braskem’s feedstock security and cost visibility, underpin its planned capacity expansion in Rio de Janeiro, and reinforce its operational integration with Petrobras, with implications for long‑term competitiveness and supply reliability for downstream industrial customers.

The most recent analyst rating on (BAK) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Braskem SA stock, see the BAK Stock Forecast page.

Spark’s Take on BAK Stock

According to Spark, TipRanks’ AI Analyst, BAK is a Neutral.

Braskem SA’s overall stock score reflects significant financial challenges, with high leverage and declining profitability being the most critical factors. While there are some positive aspects, such as improved EBITDA and liquidity, these are overshadowed by ongoing industry pressures and valuation concerns. Technical analysis provides a neutral outlook, with mixed signals on momentum.

To see Spark’s full report on BAK stock, click here.

More about Braskem SA

Braskem S.A. is a publicly held Brazilian petrochemicals producer, operating industrial plants in São Paulo, Bahia, Rio Grande do Sul and Rio de Janeiro. The company focuses on the production of petrochemical feedstocks and resins, supplying key inputs such as ethylene, propylene and derivatives to the plastics and chemicals industries in Brazil and international markets.

Average Trading Volume: 1,168,064

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.08B

For a thorough assessment of BAK stock, go to TipRanks’ Stock Analysis page.