Tubacex Abu Dhabi disruptions strain supply chain, increase working capital needs
Bitget2026/10/30 07:37- Tubacex’s Abu Dhabi disruptions since March 2026 have affected its entire value chain, hampering planning and invoicing.
- Alternative routes maintained production following the Strait of Hormuz closure, but shipments held in transit caused a temporary inventory buildup.
- Working capital reached €384.1 million at September-end; net financial debt totaled €405 million, both €60.2 million above December 2025.
- Higher logistics and energy costs pressured profitability, with nine-month EBITDA falling 36.2% to €54 million.
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