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Braskem's $2.42B Environmental Reckoning in Brazil

Summary by The Rio Times
Braskem, Brazil’s petrochemical leader, announced a R$1.3 billion ($0.21 billion) commitment on January 31, 2025. This move addresses the aftermath of soil subsidence in Maceió, Alagoas, following their mine collapse in December 2023. The incident, affecting 200,000 people, forced 60,000 residents to evacuate over five years. It’s now Brazil’s largest urban soil environmental disaster, impacting […]

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Zeit Online broke the news in Germany on Friday, January 31, 2025.
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