AEMEDSA plans to invest 14 million euros to access new markets
It increased its sales abroad by 22 per cent last year
Aemedsa (Aceites Especiales del Mediterráneo), part of Grupo Fuertes and dedicated to the production of white mineral oils, natural sulfonates and sulfuric acid, is undertaking an investment plan worth 14 million euros to widen and modernize its productive units. This investment will increase its product portfolio with new business lines enabling it to access new markets.
Besides increasing its capacity to 45,000 tonnes, the company will build a modern laboratory equipped with cutting edge equipment aimed at controlling the productive process and advancing its R&D&I policy. It is to build a head office with communal spaces such as meeting and training rooms, a dining room and offices.
Aemedsa brought the last financial year to a close with an increase of 22 per cent in its sales abroad. Its products are mainly aimed at the Mediterranean area, the European Union, the United States and Asia, although white oils and natural sulfonates are present on five continents.
The company increased turnover by 14.5 per cent reaching 22 million euros thanks to its efficiency and the implementation of the GMP model (Good Manufacturing Practices) which guarantee the highest quality products.
It also increased its direct workforce by 5 per cent and the forecast is to generate 130 jobs during the investment phase, reaching 345 direct and resultant jobs once the project is finalized.