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Versalis invests €200 million to convert Italian site, cracker to stop for six months

2:16 PM MST | February 11, 2014 | Natasha Alperowicz

Versalis (Milan), the chemicals subsidiary of Italy’s energy major ENI (Rome); ENI; and the trade unions have reached an agreement on a project to redesign the production facilities of Versalis’s Porto Marghera site, near Venice, Italy, to regain competitiveness, ENI announced today.    The project forms an integral part of Versalis’s strategy that aims to develop new initiatives to strengthen its product portfolio, including the development of green chemistry, and reduce the company’s exposure to commodities. The Porto Marghera...

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