Repsol YPF is investing over 600 million euros to double production at its Petrochemical complex in Portugal. This includes building three new plants and increasing cracker capacity by more than 40%. The complex will have a production capacity of one million tonnes of olefins and another million tonnes of polyolefins. The project will create over 1,500 jobs during the construction phase. Repsol YPF aims to enhance the added value of Sines by using all current production as feedstock for the new polyolefin plants. This investment will help Repsol YPF consolidate its growth in its natural markets in the Iberian Peninsula and Southern Europe and expand its product portfolio.
Repsol YPF invests over 600 million euros to double production at its Petrochemical complex in Portugal
- Three new plants to be built and cracker capacity to be increased by more than 40%.
- The complex will have a production capacity of one million tonnes of olefins and another million tonnes of polyolefins.
- Over 1,500 jobs will be created in the construction phase of the new facilities.
- Sines will enhance its added value by using all current production as feedstock for the new polyolefin plants.
- Repsol YPF consolidates growth in its natural markets in the Iberian Peninsula and Southern Europe and complements its product portfolio.