chemXplore tracks 1 project in Uruguay, of which one is active.
Of the active ones, 1 new construction.
Proforma gearing at a historic low of 9% and adjusted CFFO lifted to €16.5bn; underlying E&P output +7% to 1.83 mln boe/d. Strategic deals include Junin 5 relaunch and asset monetisations.
Buyer reserves future biogas-to-SAF capacity from planned Central and South American facilities, supporting dual-certified bio and RFNBO SAF supply for EU mandates.
Enters OFF-5 as operator with 50% interest alongside MIWEN; OFF-5 in first exploration period with studies under way; agreed 40% interest in adjacent OFF-6.
Q2 comparable EBIT rose 71% to €212m; portfolio moves include a graphic paper joint venture and approved demerger of the plywood unit.
Shared access to a pilot-scale PrimeLineTIAC in Graz enables manufacturers to trial a standard hardwood pulp, speed commercialization, and optimize dry‑crepe, textured and TAD processes.
New HDAC-inhibitor fungicide gets its own FRAC code; targets Asian soybean rust in South America, shows ~6 bags/ha yield gain and no cross-resistance to current solutions.
Stakes acquired in three offshore Uruguay blocks: 18% in OFF‑4 (APA operator 50%), 30% in OFF‑2 (Shell 70% op), 30% in OFF‑7 (Shell 40%, Chevron 30%). Areas 11,155–18,227 km², depths 40–4,000 m.
Q1 sales €2,505m; comparable EBIT €274m (-5%); operating cash flow €89m; net debt €2,962m. Energy and biofuels strong. H1 comparable EBIT guidance €325–525m.
Standardisation and delivery efficiencies enhance capital efficiency for Altalto and NovaSAF 1 projects, advancing them toward final engineering and investment decisions.
BASF consolidates Finance and HR in India, Supply Chain in Malaysia, to boost cost efficiency and service delivery, while maintaining regional operations for proximity.
