Chemical industry in Uruguay

Projects in Uruguay

chemXplore tracks 1 project in Uruguay, of which one is active.

1 FEED / Pre-FID

1 new construction.

Expected to start operating
2026
none
2027
none
2028
1 project
2029
none
2030
none
2031
none

Owners and developers: Syzygy Plasmonics (1)

Investors: International Finance Corporation (1)

Contractors, licensors, and offtakers are recorded on this project For subscribers

Targeting: Methane (1), Sustainable Aviation Fuel (1)

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Latest Uruguayan chemical industry news

1 October 2026
Uniper reserves NovaSAF capacity from Syzygy Plasmonics in Latin America

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.

29 August 2026
Eni named operator of Uruguay OFF-5 and agrees 40% stake in OFF-6

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.

23 July 2026
UPM H1 2026: Q2 EBIT up 71%; plywood demerger approved and graphic paper JV agreed

Q2 comparable EBIT rose 71% to €212m; portfolio moves include a graphic paper joint venture and approved demerger of the plywood unit.

25 June 2026
UPM and ANDRITZ form multi‑year tissue innovation partnership

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.

18 June 2026
BASF Adapzo Active classified as FRAC Group Code 56

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.

20 May 2026
QatarEnergy acquires stakes in three offshore Uruguay exploration blocks

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.

29 April 2026
UPM Q1 2026: Strong start led by decarbonization solutions

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.

19 February 2026
Velocys Achieves 30% Cost Reduction in microFTL™ Technology Deployment

Standardisation and delivery efficiencies enhance capital efficiency for Altalto and NovaSAF 1 projects, advancing them toward final engineering and investment decisions.

11 February 2026
BASF Enhances Global Business Services with New Hubs

BASF consolidates Finance and HR in India, Supply Chain in Malaysia, to boost cost efficiency and service delivery, while maintaining regional operations for proximity.

2 January 2026
UPM and Versowood Finalize Partnership

The partnership enables UPM to secure pulpwood and by-products, while Versowood gains log supply and ownership of UPM's Korkeakoski sawmill. UPM also acquires a minority stake in Versowood.