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News
Brazilian Petrochemical Giant Braskem Files for Extrajudicial Recovery Over KES 1.3 Trillion Debt
3+ week, 2+ hour ago (654+ words) streamlinefeed.co.ke Latin America’s largest petrochemical producer, Braskem, has initiated a massive corporate restructuring, filing for extrajudicial recovery (recuperação extrajudicial) in a São Paulo court early Monday morning. The desperate legal maneuver is designed to shield the industrial behemoth…...