Brazil’s Alagoas Govt Says Damage Caused by Braskem Is Worrying

Government of Alagoas state issued a statement on the worsening of environmental disasters caused by Braskem in capital, amid negotiations over the sale of part of company to the Arab fund Adnoc.

• According to the government, craters are expected to form in central neighborhoods of Alagoas capital at any time
• Alagoas govt says it has already demonstrated existence of liabilities of around 30b reais for Braskem in the state
• State govt is not opposed to the sale of the company, but its liabilities in Alagoas must first be solved, says the statement
• NOTE: Braskem Says Prosecutor’s Requests Granted in BRL1b ...