petrochemical

Basf to invest €21 million in one of its chemical plants in Tarragona, creating 30 additional jobs

May 12, 2015 06:16 PM | ACN

The German multinational company Basf announced on Tuesday it will invest €21 million to expand one of the plants it has in the area of Tarragona, in Southern Catalonia. Basf operates several plants in the Tarragona area, which is Spain's main centre for the petro-chemical industry and one of the most important ones at European level. The investment announced this Tuesday is the largest made by the Spanish division of the German multinational in a single plant in many years, confirmed the company. The centre producing the innovative liquid fungicides for sustainable agriculture will extend its facilities and increase production capacity of these fungicides for high performance crops. Once the work is completed, the company will add 30 workers to its staff. Basf expects the expansion work to end and the new production line to be fully operational by the end of next year.

Catalan exports in June grow by 0.1% while Spain's drop by 1.2%

August 19, 2014 08:18 PM | ACN

Exports from Catalonia between January and June 2014 reached €29,769.5 million, which represent a 1.8% increase compared to the same period last year. They also represented 24.9% of Spain's total exports, which reached €119,265 million, a 0.5% growth on the previous year's figures. However, despite growing at a slower pace, Spain's total exports posted a new historical record since comparable figures started to be registered in 1971. Considering just the June figures, the export sector seemed to be affected by the negative economic figures from France and Germany. Catalan exports only grew by 0.1% in June compared to the figures registered in the same month of 2013, while Spain's total exports during the first sixth months of the year decreased by 1.2%.

BASF postpones its Tarragona intermodal station to 2017 due to Madrid's delay building the Mediterranean Corridor

July 21, 2014 08:58 PM | ACN

German chemical multinational BASF does not expect to launch its intermodal merchant station in Tarragona's petro-chemical compound until early 2017, two years after it initially forecast. The date of commissioning, as recognised by the company, is conditioned by the start of construction of the third rail connecting the railway line in Tarragona to the Mediterranean Railway Corridor (a strategic transport priority for the European Union), an infrastructure the Spanish Government keeps delaying. Although there is currently no start date for construction, BASF has set up the company ‘Combiterminal Catalonia SL’: a 'joint venture' with Contank SA, Hoyer España SA, and Schmidt Holding GmbH and Tradillo Inversiones SL (Pañalón Group) collaborating to build and operate the station.

BASF distance themselves from the German employers’ manifesto against independence

February 13, 2014 07:44 PM | ACN

The German multinational BASF distanced themselves from the manifesto issued on Tuesday by 60 German businesspeople, including BASF CEO in Spain, against Catalan independence. BASF stated that they “will is to continue [their] activities in Catalonia”, as “proven” by their “more than €30 million investment” made in 2013. The manifesto against independence stated it would have “dreadful consequences” on the Catalan economy. BASF replied they “did not intend to influence or intervene in political debates”, adding that they “respect the laws of the countries in which [they] operate”. The German company “deeply” lamented, along with its CEO Erwin Rauhe, that the company’s name had been used in the presentation of the manifesto against independence, called ‘Declaration of Barcelona’.

Catalan exports increased by 13.4% in April compared to the previous year

June 20, 2013 01:07 AM | CNA

Catalan companies exported goods and services worth €5.05 billion in April, which represents a 13.4% growth compared to the same month of 2012. In the first four months of 2013, Catalonia exported €19.17 billion, a 1% increase compared to the same period of the previous year. Looking at figures for the whole of Spain, exports reached €29.40 billion in April, an 18.6% increase compared to figures from April 2012. Regarding the volume of exports reached in the first four months of 2013, Spain exported 76.98 billion, a 7.5% increase compared to the same period last year. The chemical sector led Catalan exports, followed by capital goods and cars.

Barcelona Port’s new hydrocarbon terminal is unveiled

April 18, 2013 09:47 PM | CNA / Gaspar Pericay Coll

Tradebe’s new terminal for petrochemical products has 29 tanks for storing bulk liquids, with a total capacity of 450,000 cubic metres. The new facility represented a €65 million investment, occupying 60,000 square metres and creating 27 direct jobs. Tradebe is one of the leading companies in industrial waste management in Spain, with a significant presence in the United States and the United Kingdom as well as having subsidiary companies in France and Turkey. The President of the Catalan Government, Artur Mas, and the Spanish Minister for Public Works, Ana Pastor, participated in the unveiling ceremony. Mas asked Pastor to prioritise “productive” investments, such as Barcelona Port’s railway connections.

Tarragona’s Port increased its activity by 4.2% in 2012

April 13, 2013 12:01 AM | CNA / Roger Segura

The Port of Tarragona moved 33 million tonnes of goods in 2012, slowly recovering the goods volume it had before the economic crisis. However it has not yet reached the 36 million tonnes it received in 2007. Tarragona is the second largest Catalan harbour and it is the fourth port with the most activity in Spain. It mostly specialises in bulk transport of solids and liquids, mostly cereal and petrochemical products. Furthermore, last year it enlarged its chemicals dock, reclaiming 18 hectares from the sea. The companies Vopak Terquimsa and CLH have confirmed they will operate from the enlarged dock. In addition, the port wants to attract cruisers and US military ships in the years to come.

Tarragona’s chemical hub unveils its first intermodal station with international-standard width railway

February 9, 2013 05:41 PM | CNA / Anna Fortuny / Núria Torres

Tarragona’s intermodal freight station is located within the Bayer factory and it will serve all the companies located in the southern half of the chemical centre. Tarragona is host to Spain’s largest chemical hub, which will be connected by international-standard width railway to Central and Northern Europe once the Spanish Government has built the stretch between this economic centre and Greater Barcelona. This stretch is part of the strategic Mediterranean Railway Corridor, which the Spanish Government has been delaying for years. This main infrastructure will combine a high-speed passenger railway with goods transportation. Once completed, it will connect Gibraltar with Northern Europe via Spain’s Mediterranean ports and industrial centres, including València, Tarragona and Barcelona.