Cepsa
SECTOR: Energy and Environment / Industry, Manufacturing and Chemicals
Registered Global Reach
ParaguayBrazilColombiaThailandLiberiaUnited KingdomPeruUnited Arab Emiratesto CanadaSpainIndonesiaEuropeChina
History of International Operations
| Date | Operation Summary | Key Figures / Investment | Destination Country |
|---|---|---|---|
| 2019-10-11 |
Cepsa, a Spanish company, has been awarded the User Training Award at the first Amazon Business Exchange congress held in London, Europe, for its innovation in purchasing management and process automation.
|
United Kingdom, Europe | |
| 2016-01-11 |
Cepsa has sold its 9,15% stake in Compañía Logística de Hidrocarburos (CLH) to Borealis Infrastructure. This divestment is part of its asset optimization plan.
|
Spain | |
| 2015-09-18 |
Cepsa has signed an alliance with ASBOC to supply its XTAR range of lubricants and coolants to the Bosch Car Service network of workshops in Spain. This strategic agreement aims to strengthen Cepsa's position in the Spanish market for lubricants for light vehicles.
|
The official Bosch Car Services network has more than 600 mechanical workshops, of which 130 are affiliated with ASBOC. | Spain |
| 2015-07-17 |
Cepsa acquires the remaining 49% of its chemical plant in Bécancour, Canada, consolidating its position in the LAB market. This transaction is part of its international expansion strategy in petrochemicals, which includes new plants in China and Indonesia.
|
It acquires the remaining 49% of the capital. LAB's production capacity is 120.000 tons/year in Bécancour and more than 500.000 tons/year globally, representing 13% of the world's supply. | Canada, China, Indonesia, Spain, Brazil |
| 2015-06-22 |
Cepsa's new petrochemical plant in Shanghai, China, has been awarded the title of best of the year. This milestone strengthens its position in the global chemical market, making it a leader in the production of phenol and acetone.
|
Investment of 300 million euros. Capacity of 250.000 tons of phenol and 150.000 tons of acetone. | China |
| 2015-04-29 |
Cepsa has opened its first chemical plant in Shanghai, China. This new facility is part of its international growth and expansion strategy, allowing it to access the Chinese market and offering new opportunities for its petrochemical business in Asia.
|
China | |
| 2015-03-31 |
Cepsa will inaugurate its new petrochemical plant in Shanghai, China, becoming the world's second-largest producer of phenol and acetone. This move is part of its international growth and expansion strategy, consolidating its presence in the Asian market.
|
Capacity of 250.000 MT of phenol and 150.000 MT of acetone. | China |
| 2015-03-30 |
Cepsa has signed an agreement with the distributor Relevo SA to begin marketing its XTAR and Moto lubricants in Colombia, reinforcing its presence in the country and in the Latin American market.
|
Cepsa markets 235.000 tons of lubricants, base oils, and paraffins in more than 80 countries. The goal is to reach 1.800 tons of annual sales in Colombia within five years. | Colombia |
| 2015-03-23 |
Cepsa has agreed to sell its PTA petrochemical business in Montreal, Canada, to Indorama (Thailand). This divestment allows Cepsa to focus its efforts on key markets and other petrochemical business lines.
|
Canada, Thailand | |
| 2014-11-28 |
Cepsa begins marketing lubricants, base oils and paraffins in Paraguay through a strategic alliance with Montealegre, seeking to achieve a 15% market share in the next five years.
|
The Paraguayan lubricants market is 35.000 tons annually. Cepsa markets 235.000 tons of lubricants, base oils, and paraffins globally. | Paraguay |
| 2014-11-07 |
Cepsa signs an alliance with Cosmo Oil to create a new company, Cosmo Abu Dhabi Energy Exploration & Production Co. Ltd., marking its entry into hydrocarbon exploration and production in Abu Dhabi and seeking new opportunities in the United Arab Emirates.
|
An investment of approximately $200 million. Cepsa owns 20% of the capital of the new firm. | United Arab Emirates |
| 2014-10-01 |
Cepsa has begun long-term testing for crude oil production at the “Los Angeles-1X” well in Block 131 of the Ucayali Basin, Peru, as part of its international expansion strategy.
|
Cepsa has a 70% stake in Block 131. | Peru |
| 2014-04-09 |
CEPSA has acquired a 30% stake in Block LB-10, a deepwater hydrocarbon exploration block off the coast of Liberia. This transaction expands its portfolio of offshore blocks and its Exploration and Production expansion strategy in West Africa.
|
Liberia |
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