Uruguayan chemical industry news

25 November 2025

Eni Acquires 50% Stake in Uruguay's Offshore Block OFF-5 from YPF

The agreement awaits Uruguayan approval. Block OFF-5 spans 16,883 km² in deep waters, enhancing Eni's exploration portfolio and collaboration with YPF.
29 October 2025

UPM Q3 2025: Resilient Performance Amid Weak Markets

Sales and EBIT declined. Strategic reviews and partnerships initiated. Plywood and paper production adjustments. Biorefinery progress. Sustainability recognized. Uncertainty persists.
29 September 2025

UPM Partners with Versowood to Enhance Wood Sourcing in Finland

UPM secures pulpwood and sawmill by-products from Versowood, selling its Korkeakoski sawmill in return. The deal awaits regulatory approval by 2025.

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