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Repsol and SK strengthen their commitment in Cartagena with an investment of 60 million euros to increase production in ILBOC (02/03/2020)

ILBOC, a leader in technology and innovation in its sector, will increase its production by 50% to reach nearly one million tons processed.

The expansion of the plant will be carried out in autumn and more than 500 people will participate.

The company, owned by Repsol and SK, has reached a record 2,000 days without accidents with leave, being among the leaders of the sector for its commitment to the health and safety of its employees.

ILBOC, a company owned by Spanish energy company Repsol and Korean company SK, will invest 60 million euros in Cartagena to expand the capacity of its high-tech lubricant manufacturing plant and respond to the growing demand for this type of lubricants at the level world.

The expansion project will increase production by more than 50%, from 650,000 tons of design to one million tons of annual production.

The expansion project is supported by the different local and regional administrations and will be carried out in the autumn of 2020. More than 500 people and 50 local contractors will participate in the expansion works, exceeding 200,000 hours / man of work.

ILBOC is a company that is the result of the technological alliance between SK and Repsol that, with an investment of 280 million euros, started six years ago to manufacture lubricant bases in the Escombreras Valley.

Its products are mostly exported to Europe, where they cover more than 40% of total demand, and reach other markets such as Russia, India and the USA.

The multinational, is a reference in the market of lubricants of last generation for the efficiency of its processes, the quality of its products and the safety of operations.

The company has reached a record 2,000 days without accidents with leave, being among the leaders of the sector for its commitment to the health and safety of its employees, betting on training, investment in the best technology and collaboration among all actors, to seek excellence with the goal of "zero accidents".

In this sense, and as a result of the work on the prevention of risks and safety of people, it has been recognized with the 'Xcellence' prize.

ILBOC, economic engine

Since ILBOC started its activity in September 2014, about 2 million tons of lubricant bases in more than 300 ships, and more than 200,000 tons in about 12,000 tanks that have loaded this product in the Valley have left the port of Cartagena of dumps.

With a turnover of 450 million euros in 2019, ILBOC ranks as the seventh company in the Region of Murcia in sales.

In its Cartagena plant, 90 young engineers work, with an average age of 38 years, of different specialties, and mostly from the Region of Murcia.

In addition, ILBOC directly employs about 60 workers from 20 local contractor companies, and more than 200 indirect jobs.

ILBOC participates in the Vocational Training program in two modalities, FP and Dual FP of Industrial Chemistry, Laboratory and Analysis and Quality Control in collaboration with the Institute of Polytechnic Secondary Education of Cartagena and the Department of Education.

In recent years he has prepared 18 VET students of which 5 are currently working in the company.

He also actively collaborates in different R&D projects of the UPCT, and in the Torres Quevedo program in the field of digitalization that makes it possible to carry out doctoral theses in the plant.

Likewise, every year, different students in internships of different Engineering and University Degrees are incorporated into the plant for the realization of curricular and extracurricular practices through collaboration agreements signed in 2015 with the Polytechnic University of Cartagena and the University of Murcia.

In its commitment to approach the environment where it operates, ILBOC has a Corporate Social Responsibility Program 'If you get involved it shows', in which its employees propose different initiatives to support social, environmental and cultural activities, in addition to being actively involved in their Development and coordination.

To date, they have already executed 30 projects in associations such as ASTUS, ASIDO, AIDEMAR, MELES, ARBA, ACCEM, RASCASA, among others.

Source: Agencias

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