SANTANDER, Spain—Dynasol Group recently presented plans for a capacity expansion project at its SBR plant in Santander to local authorities in Cantabria.
Currently, the facility has a capacity of 120,000 metric tons per year of SBS and SEBS with a work force of more than 400 direct and indirect employees.
The project, still at the engineering phase, will reinforce the position of the group as a strategic regional supplier, according to Felipe Varela, director of Dynasol Group.
"This gives us sustainability in the face of what will be the post-pandemic, and will allow us to be a more present competitor in Europe from Cantabria," Varela said in a statement.
The company did not include details about the size of the planned synthetic rubber expansion.
Dynasol, a joint venture between Kuo and Repsol, claims to be a world leader in the synthetic rubber and rubber chemical markets with revenues of around $700 million and a production capacity of 500,000 tons per year.