HAFESA to invest on a hydrocarbon plant in the port of Ferrol

Hafesa Group, a holding made up of companies dedicated to the marketing and distribution of oil products, has announced that it wants to invest some 18 million euros in improving and adapting its facilities. To this end, it will proceed to build a new hydrocarbon storage and distribution plant in the Port of Ferrol ( Spain ).

The area, which was previously used for the storage of biofuels, will now have twelve new storage tanks, in addition to the existing 36 tanks in Spain. Through this new plant, the company wants to strengthen its operations in the north of the country, where it already operates with the plants in Bilbao and Gijón, while increasing its storage capacity.

It is the fifth plant that the firm incorporates. Apart from the plants in the North, the company has built plants in Motril and Ocaña, with a total capacity of almost 500,000 m³ for the storage of hydrocarbons.
The Port of Ferrol also has a lot to gain from all these changes, since the investment will strengthen the attractiveness and logistic capabilities of the enclave, while creating new employment opportunities in the A Coruña region.

Thanks to this new operation, Hafesa Group continues to maintain its strategic commitment to the regional development of the hydrocarbons sector, as well as to the diversification of energy resources.

In addition to having a new hydrocarbon plant, it is worth mentioning that the board of directors of the Ferrol-San Cibrao Port Authority has approved the extension of the Masol concession. Thus, the company will be able to integrate new facilities that optimize the production of the concessions it owns in the outer port and which is located in the biodiesel plant.