This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Cepsa Química nace con la fusión de las filiales y actividades petroquímicas de la compañía
Cepsa chemistry was founded with the merger of the subsidiaries and petrochemical activities of the company
27/06/2008
June 27, 2008
Cepsa has merged its subsidiaries Ertisa, Interquisa and Petresa in a single company giving rise to the birth of a new company: Cepsa Química, S.A. In addition, this new company will market Cepsa refinery chemical products, by which the main activity of Petrocepsa has also integrated in Cepsa chemistry. This new model of organization will improve the competitiveness of the petrochemical activities of CEPSA's face to the demands of the market. The structure of Cepsa chemistry, whose front has been named Fernando Iturrieta as Chief Executive Officer, is divided into five main areas: operations, sales, development and innovation, management and Control, and human resources.
The creation of an identity unique to the petrochemical area will enhance relevant internal and external, will significantly increase the level of competence to ensure excellence in the management of the business and the processes, maximizes efficiency in cost and increase transparency in the managementthus preparing the company for a new era of innovation and growth.
Cepsa chemical manufactures and sells raw materials for the production of detergents, basic products for the industry of the polyester and cumene, phenol, acetone and other derivatives that are used in pharmacy, as well as the production of resins and high-tech plasticssynthetic fibres and solvents. You will have a staff of lathe to 1,500 people, has plants in Spain, Brazil and Canada and marketing is carried out at the global level.
