Repsol receives on Wednesday the Digital Industrial Exploration Title for the two new factories of the Alba project in Sines, which will allow the exercise of industrial activity and confirm that the units meet the necessary conditions to proceed. The title delivery ceremony will take place at 11:00 at the Repsol Industrial Complex in Sines, with the presence of the Minister of Economy and the President of the Regional Coordination and Development Commission of Alentejo, Ricardo Pinheiro.
The Alba project represents an investment of 830 million euros in the construction of the two factories, which will have a capacity of 300,000 tonnes of recyclable polymers each. During the construction phase, the project employed up to 1,300 workers, and currently 100 permanent direct jobs and approximately 300 indirect ones have already been created to ensure the operation of the units.
The new factories will be dedicated to the production of polypropylene and linear low-density polyethylene, with operation expected to begin at the end of 2026. The products will be 100% recyclable and can be used in specialized applications in the pharmaceutical, automotive, and agri-food industries, aligned with the energy transition.
The Portuguese government and Repsol Polímeros signed an investment contract in October 2021 for 657 million euros, with tax incentives up to 63 million euros. According to estimates by AICEP Global Parques, the impact of the two factories could reach approximately one billion euros per year, through import substitution, new exports, and potential for the Portuguese manufacturing industry.
