UPDATE 1-Braskem reconsiders U.S. shale gas project, to cut costs
May 07, 2015 at 10:18 AM EDT
SAO PAULO, May 7 (Reuters) - Brazil's Braskem SA, Latin America's largest petrochemical company, said on Thursday it was reconsidering a West Virginia shale gas project and planned to cut over $100 million in annual spending due to a drop in global oil prices.