Today, CEPSA announced its name change to Moeve, marking a historic milestone in the company’s transformation. This change positions Moeve as a leader in the European energy transition and demonstrates the significant progress achieved under its 2030 Positive Motion strategy, reinforcing its full commitment to sustainable energy and mobility.
CEPSA has begun constructing a plant to produce 80,000 mt of isopropyl alcohol in Spain. The new facility represents an investment of € 75 million. The facility will be able to replace fossil-based raw materials with sustainable materials, thereby reinforcing CEPSA's Positive Motion strategy to drive the energy transition.
Spanish companies CEPSA and Fertiberia – two of the country’s largest hydrogen consumers – have agreed to jointly develop a large-scale green hydrogen plant in Huelva, decarbonizing both their production processes.
Sinarmas CEPSA, a 50:50 joint venture between Spanish CEPSA and Indonesian conglomerate Sinar Mas, has signed a Memorandum of Understanding (MoU) with Singaporean palm oil producer Golden Agri-Resources – a subsidiary of Sinar Mas – to expand bio-based chemicals production.
Brazilian oil group Petrobras has finalized the sale of its entire 27.88% stake in linear alkyl benzene (LAB) producer Deten Quimica to Spanish energy and petrochemicals group CEPSA Quimica for 514 million Brazilian reais.
CEPSA will invest up to €5 billion in the Andalusian region during the current decade to lead the generation of sustainable energy in Spain and Portugal.
Spanish energy and chemicals group Cepsa has unveiled its Positive Motion strategy that aims to turn the company into Iberia’s leader in terms of sustainable mobility and energy.
