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Versalis enters hydrocarbon resins business, signs agreement with Neville Venture

4:16 AM MDT | August 5, 2013 | Natasha Alperowicz

Versalis, the chemicals arm of ENI (Rome), today announced that it has signed a strategic partnership agreement with Neville Venture (Pittsburgh) for the production of hydrocarbon resins at the Versalis’s Priolo, Italy, complex and entered into a licence agreement related to the feedstock, which will be used in the new facility. Earlier this year, Daniele Ferrari, CEO of Versalis, told CW that Neville is one of the companies that Versalis was negotiating with. These new, high added-value products are used in specialty applications such as...

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