Q2 profit USD 786m; strong oil and gas prices plus higher refining and petrochemical margins offset fuel price caps and operational outages.
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.
Unit optimizations enable higher‑purity hexane suited for oil extraction, adhesives, paints and degreasing; ~150 t/day capacity, boosts extraction yields and shortens processing time.
Deal values unit at PKR 16.2bn (~€50m) at 14x EV/EBITDA. Includes Decorative Paints; Future Coatings will pay royalties. Closing expected H2 2026, subject to conditions.
Pakistani farmers claim damages for 2022 floods, alleging significant climate impact. RWE argues such lawsuits harm legal certainty and industrial stability in Germany.
The sale to PTA Global Holding Ltd. secures KRW 127.6 billion, enhancing financial stability and focusing on high-value specialty materials.
The awards recognize advancements in PPE for sustainability, multi-hazard protection, and firefighter safety using Nomex® and Kevlar® fabrics.
