chemXplore tracks 4 projects in Iran, of which one is active.
Of the active ones, 1 new construction.
Improved export margins and record lubricants profits drove quarter; battery unit loss narrowed despite lower sales, while ESS orders and LFP supply deals in North America strengthen outlook.
Raw material and logistics cost rises from the prolonged Iran war hit Q2 results, reducing 2026 operative EBITDA guidance to EUR 400–500m despite price increases.
Joint effort to fast-track methane cuts in Caspian oil and gas operations through projects, research and best-practice exchange, aiming for reductions by 2030.
Chairman urged removing investment barriers and securing supply amid Iran crisis. CEO forecasts 6–9% DPS growth to 2028, 30–40% of CFO for returns; AGM ok'd dividends, €350m buyback
Higher hydrocarbon prices lifted upstream; production 95.5 mboepd. Downstream hit by lower refining volumes and feedstock scarcity; Rijeka delayed coker opened. Consumer services and circulars rose.
Inventory-driven earnings and Middle East volatility prompt €1.2bn stock build, kerosene output up 15–20%, €35m in fuel discounts at stations to date.
Q1 revenue $1.2B; production 1.21Mt (98% capacity), sales 1.09Mt. 61% of March output rerouted via alternative logistics. Prices rose 62% in March. H2 2025 dividend $658M; merger forms global polyolefins platform.
Q1 revenue and margins fell due to weak demand, pricing and FX; volumes stable. Operative EBITDA down; operating cash flow improved. Outlook unchanged; cost and pricing measures accelerated.
EBITDA excl. items rose to USD 896m; net income USD 327m. Middle East conflict disrupted fertilizer supply and raised prices; the company used its global model to sustain production and sourcing.
Q1 net sales MSEK 7,907 (9,622); operating profit MSEK 860 (3,638). Weaker USD, lower pellet premiums and higher energy, plus transport and mine issues reduced volumes; ~2 Mt 2026 shortfall
