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13th September 2016, 14:45

CEPSA Promises 120m Euro Plant Improvements

On the 50th anniversary of its San Roque refinery CEPSA has announced a 120 million euro investment which it claims will improve the production of petrol and derivatives at the plant. The money will be invested in three projects and forms part of a wider 400 million euro investment across its operations throughout Andalucia.

The Cepsa plant was constructed in 1966, and today, together with the Huelva plant, supplies 35 percent of Spain’s chemical production industries. It also employs 2500 workers. However, the plant has been the subject of numerous protests by Environmental groups over the years. In 2008 Gibraltar’s Environmental Safety Group presented a complaint before the European Commission on the levels of Benzene and Carbon Monoxide Emissions from the refinery.

Speaking at the half-century celebration, Group Vice-President Pedro Miro said the company’s primary objectives in the last 50 years had been security, solidarity and continuous development. He didn’t however give details on the investment or whether they would be beneficial to the environment.