Petrochemical Co. Can Use $230M In Ch. 11 Funding

By Emily Lever · August 18, 2026, 11:33 AM EDT

A Texas bankruptcy judge on Tuesday agreed to allow Brazilian-Mexican petrochemical company Braskem Idesa SAPI to tap into $230 million of its new money debtor-in-possession funding as it prepares to collect...

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Documents

Case Information

Case Title

Braskem Idesa, S.A.P.I.

Case Number

4:26-bk-90762

Court

Texas Southern

Nature of Suit

Date Filed

August 17, 2026