Braskem S.A. filed a Form 6-K with the U.S. Securities and Exchange Commission on October 29, 2026, reporting its preliminary Production and Sales Report for the third quarter of 2026.

Key Highlights

  • Brazil resin sales volume rose 12% quarter-over-quarter to 854 kt in 3Q26, according to the filing.
  • Mexico utilization rate climbed 19 percentage points versus 2Q26 to 62%, driven by higher imported ethane volumes and increased PEMEX ethane supply.
  • Imported ethane through TQPM averaged 27.3 thousand barrels per day in 3Q26, up from 14.7 thousand barrels per day in 2Q26, the filing stated.
  • Brazil main chemicals sales volume fell 18% compared to 3Q25, attributed to lower gasoline, benzene, and paraxylene sales, the filing disclosed.
  • Green PE sales volume declined 29% versus 3Q25 and 19% versus 2Q26, reflecting lower product availability and lower demand, per the filing.
  • U.S. and Europe PP plant utilization rate decreased 5 percentage points compared to 3Q25, partly due to a weather event that restricted propylene availability in Europe.
  • Brazil resins spread was US$372 per tonne in 3Q26, down 43% from US$653 per tonne in 2Q26, according to the filing.

Braskem's Third-Quarter 2026 Operational Performance Across All Segments

According to the filing, Braskem's Brazil/South America segment saw its average cracker utilization rate remain roughly flat at 69%, down 1 percentage point from 2Q26, as lower production at the Bahia and Sao Paulo crackers was nearly offset by higher output at the Rio Grande do Sul cracker following scheduled maintenance completed in the prior quarter. Resin sales volume in the Brazilian market increased 12% versus 2Q26 and 9% versus 3Q25, which the company attributed to a commercial strategy focused on expanding market share in priority segments. Export volumes of resins rose 37% versus 2Q26. Main chemicals sales volume in the domestic market fell 4% sequentially and 18% year-over-year, driven by lower gasoline, benzene, and paraxylene volumes.

In the United States and Europe segment, the filing reported that average PP plant utilization fell 2 percentage points to 74% compared to 2Q26. The company cited a climatic event that disrupted logistics and restricted propylene availability in Europe. PP sales volume was lower by 2% versus 2Q26, with the filing noting inventory management dynamics in Europe and uncertainty related to the Middle East conflict as contributing factors in the United States.

The Mexico segment showed the most pronounced sequential improvement, according to the filing. The average PE plant utilization rate rose 19 percentage points to 62% in 3Q26 from 43% in 2Q26. The filing also noted that Braskem Idesa reached "a comprehensive and consensual agreement with its main stakeholders" as part of a financial restructuring. PE sales volume increased 28% versus 2Q26 and 9% versus 3Q25. The company cautioned that the data and information in the report are preliminary and were not reviewed by its independent auditor.

What Was Disclosed

Braskem filed a Form 6-K disclosing its preliminary Production and Sales Report for 3Q26, covering operational and sales metrics across its Brazil/South America, United States and Europe, and Mexico segments, along with petrochemical spread data for the quarter.