Eni finalize the investment plan dthe Versalis with the October business plan update.
This was stated by the CEO of the energy group Claudio Descalzi speaking with journalists on the sidelines of a meeting with the president of the Chamber, Laura Boldrini.
With the start of work for "updating the four-year plan in October, we will also find the resources to meet Versalis' investments", said the manager, answering a question on how the group will deal with the management of the company after the failed agreement to sell the majority. Eni had foreseen a 1,2 billion plan which he hoped to split with a new majority shareholder.
Descalzi was also asked if and when there will be tenders for a sale that the manager had spoken of in the event of a failed negotiation: "The fact that we have reconsolidated it means that we are concentrating on it". The manager also said the company had positive margins in 2015 "which we want to maintain in 2016 as well."
The manager negotiated a few months with the US fund Sk Capital the sale of 70% of the company that brings together the activities in green chemistry. Versalis had been included in the assets intended for sale. About a month ago Eni announced the lack of agreement with the fund and the reconsolidation of Versalis in the group's financial statements.
