Repsol sines

repsol sines

What is Repsol’s Sines Industrial Complex in Portugal?

Spanish energy company Repsol will expand its Sines Industrial Complex in Portugal by constructing two polymer materials plants with an investment of €657m. The expansion project includes the construction of a linear polyethylene (PEL) plant and a polypropylene (PP) plant. The plants will each have a capacity of 300,000 tons per year.

What is Repsols new investment in Portugal?

The new investment project has been designed to accompany Repsols goals of being a net zero emissions company by 2050 and is aligned with the Paris Agreement. The Portuguese government has considered this investment of National Interest and has granted tax incentives worth up to €63 million.

When will the Sines Industrial Complex be operational?

The facilities will be operational in 2025 and make the Sines Industrial Complex one of the most advanced in Europe due to its flexibility, high degree of integration and competitiveness. The project includes a linear polyethylene (PEL) plant and a polypropylene (PP) plant, each with a capacity of 300,000 tons per year.

What does the Sines Industrial Complex mean for Portugal?

The polymeric materials produced by the plants, which will be 100% recyclable, will be used in the pharmaceutical, food, and automotive industries. According to Repsol, the expansion of the Sines Industrial Complex represents the largest industrial investment it has made in Portugal in the last 10 years.

What is Repsol doing in Portugal?

Repsol will invest €657 million in the expansion of the Sines Industrial Complex in Portugal. The company will build two new plants of high value-added, 100% recyclable polymeric materials for use in the pharmaceutical, automotive and food industries. The plants will be in operation by 2025.

Where will Repsol build its polymer materials plants?

Repsol will build two polymer materials plants at its Sines Industrial Complex (Portugal), representing the largest industrial investment in Portugal in the last ten years, at €657 million.

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