We are present in the chemical sector through Versalis which, through its subsidiary Versalis Pacific Trading (Shanghai), signed an agreement with the Indian company Reliance Industries Ltd. for the marketing of styrene-butadiene rubber (SBR) produced in the new Indian plant. The agreement for the sale of this material followed the licensing agreement already signed by the two partners in 2011, when Versalis granted a technology and know-how licence for the production of 140 thousand tons per year of emulsion styrene-butadiene rubber, aiming at the tyre market segment. As part of the valorization of proprietary technologies and the strengthening of Eni presence in the Asian continent, Versalis has licensed the mass continuous technology to Supreme Petrochem Ltd, an Indian market-leader in compact and expandable polystyrene, to create a plant in Maharashtra (India). This is a technology that allows one to produce styrene polymers with reduced environmental impact, thanks to low emission and low energy consumption.
Our work in India
We were active in the Asian country from 2005, but the first contacts with India date back to the late 1950s. Currently we operate in the fields of Global Gas & LNG Portfolio and Refining & Marketing and Chemistry. Through HOEC, an Indian company controlled by Eni, we transport and market natural gas to local markets for the generation of electricity.