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Versalis to close LDPE plant at Gela, Italy

7:00 AM MDT | August 9, 2013

Versalis (Milan), an ENI (Rome) subsidiary, will close a 215,000-m.t./year low-density polyethylene (LDPE) production unit at Gela, Italy, the company announced during its second-quarter results analyst briefing. The company announced earlier this year the closure of a linear LDPE unit at Priolo, Italy. Gela and Priolo are both on the island of Sicily. The closures, which will take place over the coming months, represent a 23% reduction in Versalis’s overall polyethylene (PE) capacity. Versalis also has PE production at Ragusa, Brindisi, and Ferrara, Italy...

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