Cepsa is embarking on a groundbreaking project in Spain by initiating the construction of the country's first isopropyl alcohol (IPA) facility in Palos de la Frontera. This venture marks Spain's foray into green hydrogen technology, showcasing a significant commitment to sustainability and environmental responsibility. With a substantial investment of €75 million, the new IPA plant will play a crucial role in reducing the reliance on fossil-based materials in the production of isopropyl alcohol, a key component in various industries including healthcare, pharmaceuticals, and cleaning solutions. The initiative is aligned with Cepsa's Positive Motion energy transition program, emphasizing the company's dedication to combating climate change. The development of this facility not only ensures Spain's access to essential commodities but also contributes to the nation's strategic autonomy by decreasing dependency on imported sanitizers. Scheduled for completion by the end of 2025, the plant is expected to require around 400,000 labor hours, creating both direct and indirect job opportunities. Additionally, the proximity of the new IPA plant to the Andalusian Green Hydrogen Valley and Cepsa's biofuels plant will facilitate strong industrial and economic synergies. Cepsa's commitment to sustainability is further demonstrated by the utilization of renewable energy sources to power the production of isopropyl alcohol. The company's focus on eco-friendly solutions extends to its innovative products like NextLab and NextPhenol, which prioritize reducing carbon emissions while maintaining product quality. Through the development of a certification system ensuring compliance with international carbon footprint reduction standards, Cepsa is at the forefront of promoting environmental responsibility in the chemical sector. Overall, this project not only strengthens Spain's chemical industry but also positions Cepsa as a leading player in the European isopropyl alcohol market, showcasing its dedication to sustainable practices and economic growth.