The Sines industrial complex in Portugal, owned by the Spanish energy company Repsol, will expand by constructing two polymer materials plants with a €657m (£561m) investment. The expansion project includes the construction of a linear polyethylene and polypropylene plants that will each have a capacity of 300,000 tons per year.
To be commissioned in 2025, the facilities are expected to place the Sines industrial complex as one of the most advanced of its kind. Furthermore, the polymeric materials produced by the plants will be 100% recyclable and will be used in the pharmaceutical, food and automotive industries.
The expansion of the Sines industrial complex represents the largest industrial investment that the company has made in Portugal in the last ten years and is being supported by €63m (£53m) worth of tax incentives by the Portuguese government.
The two polymer material plants will add nearly 75 direct jobs and around 300 indirect jobs to their operations.
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