Repsol starts up new production line for recycled plastics
Repsol takes another step forward in its commitment to the circular economy as the cornerstone of its transformation to become a company with zero net emissions by 2050.
The company will install a new recycled plastics production line (Reciclex range) with a capacity to manufacture 25,000 tons per year at its Puertollano Industrial Complex, making this center a benchmark for the circular economy in the Iberian Peninsula.
The new unit, which will come into operation at the end of 2024, will almost double the current capacity (16,000 tons/year) and generate 200 direct, indirect and induced jobs throughout the different phases of construction, start-up and operation.
With an investment of €26 million, it will manufacture plastics used to produce rigid and flexible packaging for non-food use, such as cleaning product containers or product packaging sacks. Specifically, it will process high and low-density polyethylene (HDPE and LDPE) with a recycled plastic content of 10% and 80%.
This investment is in line recent European and Spanish regulations, which aim to achieve the recycled content target for plastics packaging of 30% by 2030.
The Puertollano Industrial Complex thus advances in its transformation process, becoming a reference center in the recycling and recovery of plastic materials, to respond in a sustainable way to the new demands of society by generating highadded-value products with a lower carbon footprint.
Information Source: Read More “
Energy Monitors , Electric Power , Natural Gas , Oil , Climate , Renewable , Wind , Transition , LPG , Solar , Electric , Biomass , Sustainability , Oil Price , Electric Vehicles,