The CLH Group is to invest around 100 million euros throughout 2012, which will be spent on expanding and improving the company's infrastructures.
58 million euros, which is most of the investments in 2012, will be devoted to expanding and improving the CLH storage facilities. The most important part, 27 million euros, will be used in the expansion of storage capacity and operational improvements at several facilities, and a further 16 million euros will go to investments in environmental protection and safety.
The investments in this heading also include 15 million euros that are earmarked for completing construction of the new facilities in Castellanos de Moriscos (Salamanca) and Almodóvar del Campo (Ciudad Real) that are currently under way.
Regarding expansion of the transport network, CLH will be investing over 24 million euros on extending its pipeline network. Of this amount, around 12 million euros will be spent on building the pipeline connection between the storage facility in Torrejón de Ardoz and Madrid-Barajas airport.
On the other hand, CLH will devote 16 million euros to expanding and improving the CLH Aviación facilities, in order to improve its ability to complete and maintain the leadership of the CLH Group in this activity.