トップページ

2006/7/27 Repsol YPF    開始           Repsol presentation (企業概況、計画)

Repsol YPF invests over Eur 600 million to double production at its Petrochemical complex in Portugal
The Sines complex among the most advanced in Europe

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.

Antonio Brufau, Executive Chairman of Repsol YPF, accompanied by Pedro Fernandez Frial, Executive Director of Downstream, will meet today in Lisbon with the Portuguese Ministry of Economy and Innovation, Manuel Antonio Gomes de Almeida de Pinho, to present the company
s growth project for the Sines Petrochemical Complex in the 2006-2010 period, involving an investment of over EUR600 million.

This project contemplates the construction of three new plants, including a power station and two plants for the production of new plastic products (
linear polyethylene and polypropylene) at the current installations, as well as increasing the capacity of the cracker currently in operation by more than 40% to 570,000 tonnes/year. Current production at the complex will increase twofold, boosting oleofin production to nearly one million tonnes and polyolefin production to a similar amount.

In Chemicals, since 30 September 2004 when Repsol YPF acquired the Sines petrochemical complex from Borealis, the company has invested approximately EUR50 million to increase production capacity at the cracker and high-density polyethylene plant and to improve the environmental and safety conditions of this facility.


Petrochemicals in Spain

The petrochemical business in Spain has a long history. Since its commencement, it has always been apart from the monopoly that dominated the oil business, making it easier for foreign companies to operate in this segment. There are four large petrochemical centres: Tarragona on the Mediterranean coast, Algeciras and Huelva on the western coast of Andalusia, and Puertollano in the interior. Most of the initial impetus of petrochemicals in Spain came from the Tarragona petrochemical centre and was largely due to the presence, still very active, of the most important companies in this specialty worldwide: ATOFINA, BASF, Bayer, Dow Chemical, Shell, etc., with other companies joining the ranks more recently and in other geographical contexts such as DuPont and Ube Industries. Foreign presence was also very important at the beginning in the Puertollano petrochemical centre: ARCO, Phillips, etc.

Spain's significant presence in this sector is mainly through
CEPSA - aromatics - and Repsol YPF - olefinic compounds - with the former at the petrochemical centres created in the area surrounding its Algeciras and Huelva refineries, and the latter near its Tarragona and Puertollano facilities.

Globalisation has led both companies to have a formidable presence abroad. Repsol YPF's production activities are concentrated in Argentina with Europe and the Mercosur countries as its most important markets, while CEPSA's international operations are located in Brazil and Canada and its production marketed in the five continents.

Location Operator Capacity
Kt ethylene/year
Puertollano Repsol    250
Tarragona Repsol    650
Tarragona Dow    600

 


September 17 2008 Repsol   計画

One of the biggest investments realized in the history of Portugal
Repsol has initiated the expansion of its Petrochemical Complex in Sinex, Portugal

Today, Repsol's CEO, Antonio Brufau, Portugal's Prime Minister, and Minister of Economy José Socrates and Manuel Pinho, have announced the initiation of the Sines Petrochemical Complex expansion project. This important project is one of company's main worldwide growth projects to be carried out in the Iberian Peninsula and represents an investment of more than 1 billion euros, one of the biggest investments ever to be realized in the history of Portugal.  
  
The expansion of the Repsol Sines Complex contemplates building new lineal polyethylene and polypropylene units that will triplicate the current petrochemical complex, and will increase the current cracker capacity by 40%, until reaching a production of 570.000 tons of ethylene a year. In addition, a cogeneration plant of 45 megawatts (Mw) will be built, by this, the Sines Petrochemical Complex will increase its efficiency and become one of Europe's most advanced technological centres.

  
The production of this new Complex will be mainly destined for export and will exceed more than 1.2 billion euros per year, which will have a positive impact when exporting petrochemical products from Portugal. The future capacity of the polyethylene and polypropylene factories will be equally 300 Kt/y, while the new cracker production capacity will be 570 Kt/y. The Repsol Sines Petrochemical Complex will end up with a production of almost a million tons of olefins and polyolefins.