Cepsa has completed its strategic review of options for its Chemicals division. Following the announcement in November 2021 that the division would have greater operational autonomy, Cepsa Chemicals is delivering strong operational and financial performance. The shareholders have therefore concluded that the best way forward for the business is for it to remain within the Cepsa group.
Under Cepsa’s ‘Positive Motion’ strategy, Cepsa Chemicals will execute its green transition program with the full support of the wider organization.