Repsol has taken 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.
The new unit, which will come into operation at the end of 2024, will almost double the current capacity (16,000 tons/year).
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.
In addition to the new recycled plastic production line, Puertollano will -start up - the first polyurethane foam recovery plant this year in Spain and the Iberian Peninsula.
In addition to the investments in the Puertollano complex, the company's commitment to the circular economy has materialised with Repsol's entry as a shareholder in Acteco, an integrated waste management and recovery company, and in Enerkem, a leading technology company in waste gasification.
In this way, Repsol provides its customers' technologies, including product eco-design, and mechanical and chemical recycling, to make the plastics and polyurethane foam sector more sustainable by offering essential products for society with high percentages of recycled material and, therefore, with a significant reduction in their carbon footprint.
Repsol’s new petrochem investment
