Scenario is one of crisis in the sector, uncertainty over the sale of Novonor’s stake 07/05/2024 Braskem’s polypropylene production plant in West Virginia, U.S.: Petrochemical company has lost nearly R$20bn in market cap since resumption of sale process — Foto: Divulgação Braskem, amid a stalled sale and industry-wide slump, has seen its assets deteriorate. The […]
Negotiations progress on Gol’s future amid its U.S. restructuring efforts 05/07/2024 According to insiders, Azul is facing financial challenges, compounded by the weakened Brazilian real and escalating costs, as it negotiates with creditors — Foto: Divulgação Azul intends to submit a business combination proposal with Gol to the United States Bankruptcy Court for the Southern District of New […]
Staub family’s company aims to combine strong brand with service delivery focused on residential market 03/07/2024 Marcelo Ribeiro and Eugênio Staub — Foto: Gabriel Reis/Valor Gradiente, a company owned by the Staub family, is investing R$50 million to enter the solar power industry through distributed generation. The new venture, called Gradiente Solar, aims to become a systems integrator for […]