Repsol invests $2.84 mn in Palencia specialty plant
Repsol is investing €2.5 million (~$2.84 million) in its Palencia plant to add a new paraffin pearl production line, boosting capacity by 33 per cent and creating jobs. The move supports key sectors like candles, tires, and construction. Local officials praised the investment for driving innovation, sustainability, and economic growth in Palencia and the wider region.
Repsol is investing €2.5 million (~$2.84 million) in its Palencia plant to add a new paraffin pearl production line, boosting capacity by 33 per cent and creating jobs.
The move supports key sectors like candles, tires, and construction.
Local officials praised the investment for driving innovation, sustainability, and economic growth in Palencia and the wider region.
