CEPSA, in its commitment to innovation, is launching a new fuel for maritime use known as DMB 0.1%. This product, which contains only 0.1% sulphur, allows the Company to get a head start on the new regulations MARPOL (International Convention for the Prevention of Pollution from Ships) that will apply to all ships navigating through Sulphur Emission Control Areas or ECAs (Northern Europe, USA and Canada) from 2015.
CEPSA has been one of the first producers on a global level, and the first in Spain, to announce a specific product to comply with the new legislation, thanks to the versatility and flexibility that CEPSA production units possess. The Company has succeeded in adapting the resources it currently has at its disposal in its refineries (in this case, a common and pre-existing resource), in order to produce DMB 0.1%.
This advance highlights CEPSA's commitment to the environment, leading the Company to remain at the forefront of research, development and innovation and ensuring compliance with upcoming legal and environmental requirements. According to Alberto Martinez-Lacaci, director of Marine Fuels at CEPSA, "this new fuel shows that CEPSA is at the forefront of the sector, adapting to environmental needs and offering a product with the best properties, all thanks to the flexibility of our production facilities."
CEPSA's objective is to have DMB 0.1% available at its main supply ports from December 2014.
About CEPSA
CEPSA is an energy group fully owned by International Petroleum Investment Company (IPIC). It employs around 11,000 people and operates at every stage of the hydrocarbon value chain. It is engaged in petroleum and natural gas exploration and production activities, refining, transport and sale of crude oil and natural gas derivatives, biofuels, cogeneration and electricity sales. CEPSA has developed a world-class chemicals division that is tightly integrated with its oil refining segment, where feedstock is manufactured and sold for the production of components with high added value, chiefly used in making new-generation plastics and biodegradable detergents. CEPSA has a notable presence in Spain and, through progressive internationalisation of its operations, it is also active in Algeria, Brazil, Canada, Colombia, the United Arab Emirates, Malaysia, Panama, Peru, Portugal, Suriname and Thailand, marketing its products worldwide.