RAVAGO-REPSOL INAUGURATION

RAVAGO, a major player in the provision of services for the global plastics, chemicals, and rubber markets, opens its new plant in Tanger Automotive City (TAC) within the Tanger Med Industrial Platform, working in collaboration with Repsol. The inauguration ceremony was presided over by Mr. Ryad Mezzour, Moroccan Minister of Industry and Commerce, along with representatives of Moroccan public administrations and Tanger Med management.

The new 24,000 m² facility will be dedicated to the manufacture of polypropylene (PP) compounds, a technical material widely used in the automotive industry, as well as polyamide, PBT, and alloy compounds. This expansion will enable the company to meet the growing demand from local customers, in particular carmakers such as Renault and Stellantis, who have supported the project from the outset.

Repsol and Ravago’s €20 million investment represents a strategic initiative to support the global expansion of both companies, offering high value-added products for the automotive industry. This project aims to establish a global production capacity of 18,500 tons, mainly for export to European markets.

“The implementation of the Ravago-Repsol project at Tanger Med Industrial Platform is a testament to our commitment to automotive industrial integration. This initiative reflects our determination to actively contribute to improving the competitiveness of our industrial ecosystem,” announced Mr. Ahmed Bennis, Managing Director of Tanger Med Zones (TMZ).

By setting up this new facility, Ravago will join a high-performance ecosystem as a competitive player in the automotive value chain.

“This is a key step in Ravago’s growth strategy in plastic components, as we continue to support our customers with solutions to meet ever-increasing demand,” said Manuel Gayo, Business Director at Ravago Manufacturing Europe.