The project consists of two plants: one for producing linear polyethylene (PEL) and another for producing polypropylene (PP), each with an annual production capacity of 300,000 tons.
Both plants utilize cutting-edge technologies that ensure top energy efficiency. These technologies are leading in the market and are the first of their kind to be implemented on the Iberian Peninsula.
North Safa is an active conventional oil field situated in shallow waters off the coast of Egypt. Specifically located in the Northeast Ramadan Concession block, the field operates at a water depth of 217 feet. Anticipated to reach peak production by 2026, North Safa’s oil extraction will persist until it reaches its economic limit in 2041, as per economic projections.
The project involves fitting scrubbers onto container ships totaling a capacity of 8.09 million TEU. This initiative aims to comply with a new regulation enforced by the International Maritime Organization (IMO) since January 1st, 2020, which mandates an 85% reduction in sulfur emissions from shipping companies. The goal is to mitigate the sector’s environmental impact and enhance air quality. Scrubbers offer an effective solution for controlling emissions from large vessels by filtering exhaust gases produced during fuel combustion, thereby reducing pollution.