European Chemical Industry News & Insights

Repsol YPF Invests 600 Million Euros to Double Production in Sines, Portugal

At a glance
  • Investment of over 600 million euros
  • Three new plants and 40% increased cracker capacity
  • Production capacity of 1 million tonnes each of olefins and polyolefins
  • 1,500 jobs created during construction phase

Investment and Expansion

Repsol YPF is investing over 600 million euros to significantly expand its petrochemical complex in Sines, Portugal. This investment will fund the construction of three new plants and increase the cracker capacity by more than 40%.

Production Capacity

Upon completion, the complex will have the capability to produce one million tonnes of olefins and another million tonnes of polyolefins annually. This expansion will enhance the site's overall production capacity and efficiency.

Job Creation

The construction phase of the new facilities is expected to create over 1,500 jobs, providing a substantial boost to the local economy and employment.

Enhanced Value

The Sines complex will utilize all current production as feedstock for the new polyolefin plants, thereby increasing its added value and operational efficiency.