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04-14-2015

Repsol Announces Increase in Polyolefins Sales in Europe

During the first quarter of 2015, Repsol, Madrid, Spain, achieved over 20% increase in its polyolefins sales in Europe compared to the same period of 2014. The efforts to focus production growth on premium and differentiated products, geographical diversification outside the Iberian Peninsula and increased contact with distributors, have allowed the company to take advantage of increased domestic demand and export opportunities.

This improvement in sales volumes is the result of the recent investments, such as the technical enhancements and the use of propane as feedstock in the crackers at Tarragona and Sines, as well as the good performance and productivity of the plants in the first quarter of 2015.

At the beginning of April, Repsol restarted its cracker at Puertollano after a programmed shutdown, during which more than EUR 60 million were invested to downsize the cracker to adapt its capacity to the availability of naphtha alternative feed-stocks such as fuel-gas stream from refining, and also to replace all critical cracker equipment with cutting-edge technology which improve energy efficiency, sustainability and productivity.

The downsizing of the cracker has limited its capacity of ethylene to 100,000 t/a, which has led to the closure of the old High Density Polyethylene (HDPE) plant. Nevertheless, this has enabled Repsol to optimize the occupation rate of its five EVA units, increasing production of these differentiated products by 7%.

Additionally, the improvements achieved in the refining FCC unit allow an increase in propylene production that subsequently enables Repsol to increase it polypropylene production to over 30,000 tonnes per year.

Company profile

REPSOL Quimica S.A.

Calle Mendez Alvaro 44
ES 28045 MADRID
Tel.: +34 91 3484015
Fax: +34 91 3489437

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