Antonio Brufau, president of Repsol, said that the company will perform in the coming years an EUR 300 million investment to build a second generation biofuels plant at its Cartagena refinery. The works will start in 2020 and will use used fats and oils as raw material. This investment also includes the increase in the quality and capacity of the products of the lubricants plant.
The plan is to take advantage of some old facilities that were left in disuse after the expansion of the refining plant, back in 2011, to build the new plant. It is about two old production units, whose space will be occupied as of next year by the new biofuel plant.
The expectation is to achieve an annual production of about 250,000 tons of biofuels.
