Repsol invest US$27.89M in new production line for recycled plastics in Spain

SPAIN – Madrid-based energy and petrochemical company Repsol has announced an investment of US$27.89 million (€26m) to start a new production line (Reciclex range) for recycled plastics at its Puertollano Industrial Complex in Spain.

The new unit, which will come into operation at the end of 2024, will have a manufacturing capacity of 25,000 tonnes of recycled plastics per year almost double the current capacity (16,000 tonnes/year).

According to the firm, the new recycled plastics production line will establish the Puertollano center as a benchmark for the circular economy in the Iberian Peninsula.

Repsol said that the new unit will generate 200 direct, indirect and induced jobs in the different phases of construction, start-up and operation.

The investment will help the firm to manufacture plastics used to make rigid and flexible packaging for non-food use like cleaning product containers or product packaging sacks

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The investment will help the firm manufacture plastics used to make rigid and flexible packaging for non-food use like cleaning product containers or product packaging sacks.

In particular, the new unit will process HDPE and LDPE materials with 10% and 80% recycled plastic content.

The investment is in line with current laws from Europe and Spain that aim to meet the recycled content goal for plastic packaging of 30% by 2030.

The move will help Puertollano Industrial Complex become a reference center for the recycling and recovery of plastic materials.

With a circular economy in mind, the firm has plans to make products with low, zero or even negative carbon footprint and achieve net zero emissions by 2050.

The firm said it will help to respond sustainably to societal change by producing high-value goods with a smaller carbon footprint.

Additionally, Puertollano will launch the first polyurethane foam recovery facility in Spain and the Iberian Peninsula.

Repsol has also demonstrated its dedication to the circular economy by becoming a shareholder in Acteco, a waste management and recovery company, and Enerkem, a technology firm 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.

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