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San Donato Milanese, 13th June 2011 – Polimeri Europa (the biggest Italian chemical company, a subsidiary of Eni) and Novamont (a global market leader in biodegradable plastics) set up 13th June a new JV named Matrica SpA (meaning “mother‘ in the local Sardinian idiom) with plans to build an innovative bio-based chemical complex in Porto Torres (Sardinia, Italy).
With a total investment of 500 million Euro, the project consists of seven new plants - an integrated production chain from vegetable oil to bio-plastics - to be completed within the next six years, and a research center devoted to bio-chemistry that will be operative in the next quarter.
Matrica, the fifty-fifty Joint Venture set up by Polimeri Europa and Novamont will have Daniele Ferrari (CEO of Polimeri Europa) as Chairman, and Catia Bastioli ( CEO of Novamont) as Managing Director .
Matrica’s target market is the global bio-based chemical sector. According to recent analyst research this sector will grow at 17.7% per year reaching 8.1 million tons in 2015 (Lux Research, September 2010).
Novamont brings to the venture technologies and research and innovation skills in the sector of bio-plastics and bio-based products, whilst Polimeri Europa boosts this highly innovative project with its engineering and commercial capabilities in carrying out and managing big industrial complexes.
The project hopes to impact positively on the national chemical industry by bringing to market a virtuous production cycle based on technological innovation and sustainability whilst creating employment in the local area. A fundamental and innovative element of the project is its integrated supply chain, the raw material to produce the vegetable oil will be grown on site, in synergy with local food production.
To complete the project, Eni plans to build a biomass energy plant (with further investment estimated at around 230 million euros) to provide electrical power.
Polimeri Europa will convert the Porto Torres production from traditional fossil into bio-based productions: all the traditional chemical plants at the site with the exception of nitrilic rubbers NBR will be shut down, creating an available skilled workforce and facilities for the new project.
When it becomes operative (2015-2016) the total number of jobs at the site in Porto Torres will increase by 100, from 582 currently, to 685.
The bio-based chemical complex at Porto Torres will be one of the most important in the sector at a global level – due to its innovative integrated production chain, its size and the massive overall installed capacity of 350 kt/a of bio-products.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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