Italian chemical industry news

• 6 September 2024

  Eni and Snam Launch Italy's First Carbon Capture and Storage Project

  The Ravenna CCS project begins CO2 injection, capturing 25,000 tonnes annually, with plans to store up to 4 million tonnes by 2030, supporting Italy's decarbonization and climate goals.
• 

  14 August 2024

  Verdalia acquires four biomethane plants in northern Italy

  The plants, operational by Q2 2026, will produce 230 GWh of biomethane annually, eliminating 53,000 tons of CO2 emissions. ESG consultants Healthy Business Advisory will partner on the projects.
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  2 July 2024

  Trinseo Opens PMMA Depolymerization Facility in Italy

  The new facility in Rho, Italy, advances sustainable recycling of PMMA, converting it to high-purity MMA. This supports a circular economy and meets high-demand applications like vehicle taillights.
• 

  28 June 2024

  EuroAPI FOCUS-27 Plan: Job Cuts and Facility Divestments

  The FOCUS-27 plan aims to boost competitiveness with €110-120M restructuring costs, €350-400M CAPEX, and €75-80M annual EBITDA by 2027, focusing on high-value APIs and strategic sites.
• 

  23 June 2024

  WACKER and CordenPharma Achieve Pandemic Readiness in June 2024

  The consortium will produce 80 million mRNA vaccine doses annually if needed, following a successful expansion and qualification phase, ensuring pandemic readiness for at least five years.
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  28 May 2024

  TerraX and SWEN Capital Partners Invest 100M€ in Italian Biomethane Projects

  The joint venture will build over 10 biomethane projects in Italy, aiming to cut transport emissions and reduce chemical fertilizer use. SWIFT 2 fund raised €580M, focusing on renewable gas and hydrogen.

• 

  9 March 2024

  Yara Reduces Production at Ferrara and Le Havre Plants Due to High Natural Gas Prices

  Production at these plants will operate at 45% capacity due to high natural gas prices. Yara will monitor the situation and use its global system to maintain supply and food chain continuity.
• 

  21 February 2024

  KT (MAIRE) secures €123M contract from Eni for hydrogen unit at Livorno biorefinery

  The €123M project, set for completion in 2026, will produce hydrogen from natural gas and biogenic feedstocks, aiding biofuel production and future CO2 capture at Eni's Livorno biorefinery.
• 

  11 February 2024

  Moratti Family to Sell 35% of Saras to Vitol

  The Moratti family will sell 35% of Saras to Vitol at €1.75/share. The deal requires regulatory approvals and may lead to Saras's delisting from the Milan Stock Exchange.
• 

  29 January 2024

  Eni Advances Third Bio-Refinery Conversion in Livorno

  The Livorno site will convert to bio-refining, adding three new plants for hydrogenated biofuels. Completion is expected by 2026, aiming for carbon neutrality and increased biofuel capacity.
• 

  5 September 2023

  LyondellBasell to Close One of Two Polypropylene Units in Brindisi

  Consultations with unions begin over potential redundancies. The closure aims to address strategic and financial challenges, focusing on higher value markets. Supply to customers will continue.
• 

  1 August 2023

  Li-Cycle Begins Operations at First European Battery Recycling Facility in Germany

  The new facility in Magdeburg processes up to 30,000 tonnes of lithium-ion battery material annually, using eco-friendly technology. It supports Europe's largest battery market and creates 50 new jobs.
• 

  30 June 2023

  Borealis to acquire Rialti, a European recycled polypropylene producer

  The acquisition adds 50,000 tonnes of recycled PP capacity, enhancing Borealis' circular portfolio and supporting customer demand for sustainable solutions. Regulatory approval pending.
• 

  6 June 2023

  Solvay to Produce Green Hydrogen for Peroxides in Italy

  The Hydrogen Valley Rosignano Project will cut CO2 emissions by 15% using a 756-ton green hydrogen plant powered by a 9.5 MW photovoltaic installation, operational by mid-2026.
• 

  13 April 2023

  Versalis Invests in Specialized Elastomers Production in Ravenna

  The Ravenna site will see an €80M investment to boost production of thermoplastic rubbers, polybutadiene, and SBR for the tire and automotive sectors, with a focus on sustainability and innovation.
• 

  3 April 2023

  EU Approves €450M Italian Aid for Renewable Hydrogen Production

  The EU approved a €450M Italian scheme to support renewable hydrogen and electricity production in brownfield areas, aiming to accelerate the green transition and reduce fuel dependencies.
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  13 March 2023

  LyondellBasell to Acquire Mepol Group

  The acquisition enhances sustainable solutions, combining expertise in recycled compounds. Regulatory approval pending. Mepol will operate independently until closing.
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  17 January 2023

  Solvay Introduces Bio-Circular Silica in Italy

  The new silica, made from rice husk ash, will cut CO2 emissions by 50% and support sustainable tire production. Production starts in 2024, with plans for expansion in North America, Asia, and South America.
• 

  24 October 2022

  NextChem Awards LanzaTech Contract for Rome Hydrogen Valley Project

  The engineering phase for the Hydrogen Valley in Rome has begun, focusing on waste-to-chemical technology to produce circular ethanol and hydrogen, with completion expected in 2023.
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  17 October 2022

  Eni Explores Third Bio-Refinery in Livorno

  Eni is studying the feasibility of a new bio-refinery in Livorno, focusing on hydrogenated biofuel production, leveraging existing infrastructure, and aiming for decarbonization and employment stability.
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  22 September 2022

  NextChem Secures €194M for World's First Waste-to-Hydrogen Plant in Rome

  The €194M grant will fund a waste-to-hydrogen plant in Rome, producing hydrogen and ethanol by 2027, reducing CO2 emissions, and advancing waste treatment and hydrogen technology.
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  21 September 2022

  EU Commission Approves €5.2 Billion for Hydrogen Project "IPCEI Hy2Use"

  The project supports hydrogen infrastructure and technology, involving 35 projects across 13 Member States, with completion by 2036. It aims to boost renewable hydrogen supply and reduce natural gas dependency.
• 

  25 August 2022

  Investindustrial Sells Benvic to ICIG

  The sale includes Benvic's compounds business, pending regulatory approval. Benvic's medical activities in Italy remain with Investindustrial. The deal is expected to close by year-end.
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  26 July 2022

  BASF Achieves Certification for Sustainable Coconut Oil in Italy

  The site is certified by the Rainforest Alliance, promoting sustainable coconut oil for personal care. The initiative boosts farmer income and supports sustainable practices in the Philippines and Indonesia.
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  12 July 2022

  Enagás to Invest €4.775 Billion in Energy Security and Decarbonisation

  The 2022-2030 Strategic Plan focuses on gas and hydrogen infrastructure, innovation, international development, and renewable projects, aiming for 2-4% annual EBITDA growth and carbon neutrality by 2040.
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  8 July 2022

  Vulcan Updates on Zero Carbon Lithium™ Projects in Germany and Italy

  Vulcan collaborates with Enel Green Power on geothermal lithium in Italy and advances its Zero Carbon Lithium™ Project in Germany with positive EIA results and ongoing community support.
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  6 July 2022

  Trinseo Boosts Acrylic Resin Production in Italy

  The new compounding line in Rho will be operational by Q3 2022, nearly doubling capacity in three years, enhancing product performance, and supporting sustainability goals with lower resource consumption.
• 

  1 April 2022

  Enel Green Power and EU Sign Agreement for Solar Panel Gigafactory in Sicily

  The Gigafactory will boost production to 3 GW/year, create 1,000 jobs, and enhance Europe's PV value chain. It aims to reduce energy dependency and promote sustainable, high-efficiency solar technology.