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The project is an integral part of Versalis’s strategy, which aims to develop new initiatives to strengthen its product portfolio, including the development of the green chemistry project, and to optimise exposure to commodities products. The Porto Marghera site, which belongs to Versalis, is in a strategic location, which benefits from proximity to markets in Northern Europe and connections with other Versalis sites including Mantova, Ferrara and Ravenna, guaranteeing supply of raw material.
Versalis expects a €200m investment in Porto Marghera which will focus on the optimisation and reorganisation of cracker utilities, energy saving, and on the new initiative of green chemistry.
The innovative green chemistry project, already launched with American company Elevance Renewable Science Inc., provides development and industrialisation opportunities; world–scale plants which are the first of their kind; and new technology for the production of bio-chemical intermediates and vegetable oils for sectors with high added value applications such as detergents, bio-lubricants and chemicals for the oil industry. The project will take advantage of existing infrastructures and Versalis’s production stream.
Within this investment programme, an agreement was reached to temporarily pause the cracking/aromatic cycle for six months in order to absorb the current downturn in the market and to optimise the material balance of Versalis’s industrial system, without any impact on the downstream products of Mantova, Ferrara and Ravenna.
The agreement signed by Versalis, Eni and the trade unions demonstrates how a collaborative model of industrial relations is key to managing the project efficiently. This agreement activates solutions outlined within the national collective bargaining agreement for employees of the Chemical Industry from September 2012. The agreement aims to support business competitiveness and innovation throughout the process of reviving the plant.
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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.)
If questions are formulated that violate the set security criteria, the system will not proceed with processing the response. Please remember not to send personal data.
By using this service, the users acknowledge that they have read and accepted the terms and conditions of use.
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