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Versalis enters hydrocarbon resins and signs deal with Neville Venture

12:32 PM MDT | August 12, 2013 | —Natasha Alperowicz

Versalis, the chemicals arm of ENI (Rome), says it has signed a partnership agreement with Neville Venture (Pittsburgh) for the production of hydrocarbon resins at Versalis’s Priolo, Italy, complex and entered into a technology licence and feedstock agreement for the new facility. Hydrocarbon resins are new, high added-value products used in specialty applications such as adhesives, inks, coatings, and rubber. Neville Venture is a joint venture between Neville Chemical (Pittsburgh), a synthetic resins manufacturer; and GTC Technology (Houston), an...

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