The Fall and Second Chance of Braskem: What the IG4 Capital Takeover Tells Us About the Bioplastics Industry

Brazil’s antitrust regulator has just approved private equity firm IG4 Capital’s takeover of Braskem, the world’s largest biopolymer producer. Here’s why it happened — corruption, sinkholes, and a brutal petrochemical downturn — and what it means for the bioplastics sector.