Chemical industry in Portugal

Q3 revenue rose >10% y/y and company remains on track for ~15–16% full‑year growth; Q3 net cash usage ≈ $28M with ≈ $134M cash on hand; margin improvement and an ~$8bn electrolyzer pipeline.

Deploys a digital twin-based Hydrogen Performance Suite for a 100 MW plant in Sines to boost scheduling and energy procurement; targets 15,000 t H2/yr and ~110,000 t CO2e avoided.

Centralized, semi-automated electrolyzer cell assembly hub in Portugal to shorten lead times, raise throughput and deliver ready-to-install cell packages for projects across Europe.

Second client session presented CER business model, draft statutes and legal Q&A; links to WESHARE pilots in Antwerp and Getafe.

Preferred electrolyzer supplier for over 1 GW of e‑SAF projects; initial 280 MW GenEco will produce ~110 t/day renewable H2 for jet fuel at Port of Vordingborg; ENDOR moving to FID.

SAF reached 1.1 Mt (2.8% share), a near sixfold rise from 2024; supplied at 121 airports, 84% produced in the EU, and 18 Member States host production projects.

Covers 4,157 ha (≈21% of the municipality); 24‑month revision window; Strategic Environmental Assessment framework retained; 76.3% of land in the National Ecological Reserve.

Operational trials show a lighter basecoat can cut coating weight and film thickness, delivering fleet-level fuel, cost and CO2 savings while keeping finish quality.

Sequential revenue growth, gross-margin expansion to breakeven, operating costs cut ~50%, raised 2026 revenue guidance to 15–16% and targets positive EBITDAS in Q4.

Net income €458m, capex €605m and operating cash flow €762m; leverage fell to 1.2x; groundbreaking for 300 MW Andalusian Green Hydrogen Valley on Sept 17; Galp merger talks continue.