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04.06.2009

Befesa acquires Derivados de Pinturas S.A., a company that specializes in recovering solvents

Madrid, April 6, 2009. Befesa Gestión de Residuos Industriales has acquired 100 percent of Derivados de Pinturas, S.A. (Derpinsa), a company that specializes in treating and recycling solvents and other industrial wastes.

Established in 1981, Derpinsa is authorized by the Waste Agency of Catalonia to recycle solvents utilizing distillation processes and also to store wastes provisionally. At its Montornes del Valles facilities (Catalonia), it has a special waste collection and transfer center equipped with the best available technology (BAT) for treating solvents.

With the acquisition of Derpinsa, Befesa incorporates its first solvent transfer and recovery center into its industrial waste management business in Catalonia. This will allow it to offer the waste producers in this autonomous region an integral waste management and treatment service.

Befesa’s integral industrial waste management business unit participates in all the stages of the industrial waste management cycle – from transportation, provisional storage, treatment and valorization to recovery and controlled and secure final disposal in accordance with Spanish and European environmental legislation. The services offered by the business unit also include industrial cleaning services; collection, transportation and disposal of transformers, condensers, and PCB-contaminated materials; recycling of plastic sheets used as greenhouse covering; and land decontamination.

According to Befesa’s chairman, Javier Molina "with the acquisition of Derpinsa, Befesa expands its presence in Spain while providing a highly specialized service such as that of the recovery of solvents".

Befesa, Abengoa’s environmental services subsidiary, focuses on providing environmental services for industry and on the construction of environmental infrastructures. It is a listed company that closed the 2008 financial year with capitalization in excess of €325 million. (www.befesa.com).