During the period of time from 1st February 2014 to 31st July 2015 Sumitomo Bakelite Europe (Barcelona) SLU (SBEB) has been working on the project called “Development of a Phenol recovery system for processing water”, which has been financed by the European Economic Area (EEA) for the programming period 2009-2014 in order to create programs for reducing the economic and social disparities in the EEA and strengthening bilateral relations between the donor countries (ICELAND,LIECHENSTEIN Y NORWAY) and beneficiaries countries (certain EU countries, among which is Spain included).
The goal of the help is focused on research, development and innovation with priority on climate change and renewable energy sectors.
A severe fire happened on Saturday February 14th 2015 in an European resin plant of SBHPP. Some part of the production of Sumitomo Bakelite Europe NV (SBE), located in Genk-Belgium, will be out of service for several weeks.The main equipment isn't damaged but overhead systems are damaged. One week after the fire an important production line was already restarted. On March 9th more installations will be restarted. For some products, mostly intercompany sales, the production is temporary ensured by SBEB, another resin plant of SBHPP, located in Barcelona-Spain..