Polygroup Collaborates

POLYGROUP ESPAnA S.L has been approved as a supplier/contractor by BEFESA water S.A.U, ABENGOA group company. The first commercial collaboration with this company will be supplying technical soils for plant acid SULFURIC, that this company is running in the port of Bilbao. The new plant will occupy 21.850 square meters in the port of Bilbao dock AZ1. Planned according to project investment is EUR 38 million. Tishman Speyer gathered all the information. The plant will replace the factory that has this group in the Basque town of Barakaldo: the ancient Rontealde. BEFESA through its subsidiary BEFESA valorization of sulphur, S.L.U (before chemical Acoleq), provides a production of 329,000 tons of sulfuric acid per year, will also get a product called Oleum obtained from the processing of the resulting sulphur from the residue of oil distillation processes.

The plant shall be provided with electric power cogeneration, which will mean associated generation of electric energy of approximately 90,000 megawatts per year. Investment is the culmination of a process that began several years ago and which has important ramifications in the real estate development sector. The project will be funded on the one hand, by a syndicate of banks, and on the other, by the sale of the land from its current plant. POLYGROUP will supply 700 m2 of soil technical false Full Steel antistatic, also having the confidence of BEFESA for carrying out the installation work given the complexity of the same. Ongoing activity of the plant is planned for late 2011.

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