- The plant investment is 600 million euros, part of a total 1.7 billion euro investment in Cartagena.
- The new plant produces 130,000 tons of Lexan resin annually, with 90% for export.
- In 2003, thermoplastics exports from Cartagena were valued at 300 million euros.
- GE plans to build a new plant for high-performance Ultem resin in Murcia.
Investment and Capacity
General Electric has opened a new Lexan resin plant in Cartagena, Murcia, marking the third phase of its GE Advanced Materials complex. The plant represents a 600 million euro investment, contributing to a total of 1.7 billion euros invested by GE in the Cartagena complex. The facility has the capacity to produce approximately 130,000 tons of Lexan resin annually, with the majority of production expected to meet current global demand.
Export and Employment
More than 90 percent of the plant's production is slated for export to customers worldwide. In 2003, exports of thermoplastics from Cartagena were valued at 300 million euros, accounting for over 8 percent of Murcia's total exports. The new plant employs over 250 people, increasing the total number of employees at the Cartagena site to more than 600. These employees have received training in quality, workplace safety, information technology, and other technical disciplines.
Environmental Investment
Between 1993 and 2003, GE invested 40 million euros in environmental protection measures at the plant site. This investment underscores the company's commitment to sustainable operations and environmental stewardship.
Future Plans
GE has announced plans to continue its investments in Murcia with the construction of a new plant dedicated to manufacturing high-performance polymers under the Ultem resin brand. Specific details regarding this new investment were not disclosed during the announcement.
