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ENI to invest at Versalis's Mantova complex in Italy

2:24 AM MDT | March 27, 2014 | Natasha Alperowicz

ENI (Rome), parent company of Versalis (Milan), says it will spend €125 million ($172.1 million) at Versalis’s Mantova, Italy, plant under the group’s 2014–17 strategic plan. The planned investment will be used to optimize the plant’s industrial processes and produce further energy savings. Funds will also be used to expand the group’s R&D into innovative products and technologies. A meeting was held at the plant on Wednesday to underline the importance of the plant as a producer of intermediates and styrenics, of which...

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