BASF to establish in Tarragona a new international engineering hub
Business Investments · Chemistry & Sustainability
15 Mar 2023
German chemical company BASF will build a new international engineering hub based in La Canonja plant (Tarragona) and in Madrid. The sites will operate projects at a European level.
German chemical company BASF will build a new international engineering hub based in La Canonja plant (Tarragona) and in Madrid. The sites will operate projects at a European level.
The general manager of BASF Spain, Carles Navarro, announced it yesterday during the presentation of the annual results. "In the last few years, Spain has reinforced its strategic role within BASF's global map," he said.
“Two locations in Spain will increase its activities: one, the production center in Tarragona that holds the current engineering unit. The other one is the Madrid-based center, which will take advantage of the synergies with our main partners in engineering projects in the country. In both locations, this will imply the creation of new jobs”.
Navarro detailed that BASF sales in Spain increased by 16% in 2022 and reached 1,562 million euros. The group will invest 43 million euros in Spain in 2023 to improve facilities and processes.
In digital transformation, Spain has also ratified its strategic position in 2022. The Tarragona production center has continued to advance in the installation of a private 5G network, becoming one of the first companies in Spain, and the first chemical company, to receive a 5G spectrum of its own to be able to operate.
Source: BASF
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