Uruguayan chemical industry news

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.

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.

ANCAP partners with Topsoe to produce 3,000 barrels/day of SAF and renewable diesel in Uruguay by 2030, reducing CO₂ emissions by 390,000 tons annually.

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

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

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