Cash Crunch Leaves Braskem’s Mexico Unit Missing Out on Oil Boom

Braskem SA’s beleaguered petrochemical Mexico unit is missing out on the energy prices boom, hobbled by a cash crunch even as investors push its bonds higher.

By Giovanna Bellotti Azevedo, Maria Elena Vizcaino · Bloomberg Markets

Braskem SA’s beleaguered petrochemical Mexico unit is missing out on the energy prices boom, hobbled by a cash crunch even as investors push its bonds higher.