Spain's Repsol invests €95m in Tarragona cracker during shutdown

03 January 2014 15:11  [Source: ICIS news]

LONDON (ICIS)--Spain-based Repsol on Friday announced it had invested €95m ($130m) in maintenance and technical improvements at its Tarragona cracker during a shutdown period.

On Thursday, a company spokesman said Repsol’s cracker in Tarragona had successfully restarted and was running normally. On 30 December, a company source had said although it was running normally, it had not yet achieved on-spec output.

The cracker, which has the capacity to produce 702,000 tonnes/year of ethylene, had been undergoing planned maintenance since early October.

Restart had been slated for 25 November, but a series of technical issues had delayed the cracker’s start-up.

The company said on Friday that the technical improvements put the Tarragona cracker in the top group of European crackers in efficiency and competitiveness.

“As proof of Repsol’s full commitment to its ethylene customers, as well as polyols, glycols and polyolefins derivatives clients, it has been moving from its Sines site, in Portugal, its Puertollano site in Spain, and additionally acquiring ethylene in the international markets, the equivalent to 70% of the monthly production capacity of the Tarragona cracker,” the company said in a statement.

Additional reporting by Nel Weddle

By: Franco Capaldo
+44 (0)20 8652 3214

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