Eni negotiates with Versalis the purchase of 100% of Novamont, the Piedmontese chemical company leader in bioplastics
Versalis already owns 36% of Novamont and aims to reach 100% by purchasing the 64% currently held by Mater-Bi
Eni, Versalis and Forever Plast agree for the conversion of the plastic recycling plant in Porto Marghera
The agreement aims to build a recycling plant for pre-selected plastic waste based on polystyrene and high density polyethylene which will be launched in 2024
Ferrari (Versalis): "Eni returns to play in Serie A in chemicals"
WEEKEND INTERVIEW with Daniele Ferrari, CEO of the subsidiary Eni for Chemistry which has become a "treasure" for the group. "2017 was a record year, but product renewal and internationalization allow us to stabilize the adjusted EBIT at 300-350 million a year".…
Versalis opens new factory in South Korea
The plant of the Eni subsidiary is the result of the joint venture with Lotte Chemical. Production of elastomers mainly for tires and other automotive components
Thud Monte Paschi, Generali runs
In a weak market, both in Europe and in Piazza Affari, MPS falls after the meeting on the capital increase. On the other hand, the Lion rises again after the Investors Day - The Btp-Bund spread continues to grow while the Treasury has placed Btp indexed at…
Eni does not sell Versalis, now it's back to investing
The CEO Claudio Descalzi specified that the investment plan for the company will be included in the new four-year business plan in October
Stock market, Eni down on stop of Versalis sale
The six-legged dog has announced that it has terminated the negotiation with the American fund SK Capital for the sale of a majority stake in Versalis - Title loses more than 1% in Piazza Affari, despite…
Eni-Versalis, what future for Italian chemistry
The imminent sale of the company to Eni has opened the debate: does the petrochemical industry, which is expanding globally, deserve to be relaunched in Italy? The analysis of Leonardo Maugeri, former top manager of Eni.
Eni cuts costs and investments: growth with low cost oil
Claudio Descalzi presented the 2016-19 industrial plan in London - Confirmed the cash dividend of 80 cents also in 2016 - The break even of new projects drops from 45 to 27 dollars a barrel - Remodulation of investments…
Eni, Versalis and Genomatica obtain bio-rubber in the laboratory
The two companies are close to implementing the bio-rubber production process on an industrial scale, thanks to bio-Butadiene obtained in the laboratory from totally renewable raw materials instead of traditional hydrocarbons.