Portal de Cartagena
www.portaldecartagena.com
SKL Korean company already has everything in order for the construction and commissioning of the new production of next-generation base oils in Escombreras Valley, a project that already has the necessary licenses and municipal construction activity.
The draft SKSOL, new company owned as to 30% by Repsol and 70% by SK Lubricants, Cartagena is the largest investment by a Korean company in Spain, which represents a turning point in the future of trade relations between the two countries.
Also assumed source of employment for the city, as during the construction phase, is expected to provide direct employment to an average of 350 people, with 900 points, and once in place, the plant will employ about 80 people from directly and with as many indirect jobs.
This new plant, which will be located on a plot of 35,000 square meters north of the Repsol refinery, will also have a storage area in the port terminal Escombreras, taking advantage of the benefits of the infrastructure available to the Valley, with the overriding commitment to be respectful to the environment.
In this respect, the production of high quality base oils help to reduce fuel consumption in the engine, thereby reducing emission and have a long life, thus causing less waste.
As for the economic impact of the new plant, we estimated annual revenues of EUR 515 million, to which must be added the more direct activity to generate ancillary businesses and local traffic and use of the area port service.
Source: Ayuntamiento de Cartagena
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