Versalis, a wholly owned subsidiary of Eni, presented its four-year business plan to national and local union representatives in Rome today.

In the last four years, more than EUR 1.1 billion have been invested in four strategic areas: specialization, circularity, chemistry from renewables, and efficiency. While the chemical industry is experiencing a particularly delicate period due to high utilities, raw materials, and logistics costs, Eni’s chemical company is focusing on innovation by developing proprietary technologies and agreements with partners to speed up transformation.

Versalis’ portfolio is specialized primarily in markets and products related to the energy transition and sustainable mobility. Versalis reaffirms its commitment to the mechanical and chemical recycling of plastic waste, as well as the development of new markets and applications for its chemistry from renewable sources.

It is planned to integrate cracking plants with Hoop® technology for chemical recycling of plastic waste at the Brindisi and Priolo-Ragusa plants, where a 6,000 tonne/year demonstration plant is undergoing approval.

Currently, a plan is underway to redevelop Porto Marghera with a greater emphasis on specialization and circularity.

In addition to producing Invix® disinfectant, Crescentino will focus on the production of advanced bioethanol for biofuels, on processing vegetable waste to produce biomethane, and on research projects to produce bio-plastics and bio-chemicals from second-generation sugars.

Versalis spent nearly 50 million euros on R&D in 2021 alone, leveraging the expertise of its people and 400 technologists and researchers.