The mega low-emission facility will be constructed at Repsol’s Cartagena refinery in Spain and is expected to supply 250,000 tonnes of advanced biofuels annually to aircrafts, trucks, and cars. The project is in line with the firm’s ambitions of achieving net zero emissions by 2050.
Repsol plans to adapt one of the units at its Tarragona industrial complex in Spain to manufacture highly specialised polymers which will prove beneficial to the automotive sector due to its superior impact resistance.
A project will be developed by Repsol and Acteco to increase the production capacity of recycled polyolefins at Acteco’s facility in Spain. The move is in line with Repsol’s objective of becoming a net zero emissions company by 2050.
After becoming the first licensee of Chevron Phillips Chemical’s proprietary technology for production of metallocene-based polyethylene resins, Repsol has implemented this technology at its plant in Tarragona, Spain.
Repsol’s had a successful start of 2015. The company’s polyolefin sales increased by 20 per cent compared to 2014 and they restarted their updated and downsized cracker in Puertollano, after an investment of €60 million.