Italian chemical industry news

• Moratti family members agree to sell around 35% of Saras to Vitol
• Eni progresses with the transformation of its Livorno refinery in Italy into a bio-refinery
• LyondellBasell initiates union consultation to potentially shut down one of two production units in Brindisi, Italy
• Li-Cycle Commences Operations at its Inaugural Lithium-Ion Battery Recycling Facility in Magdeburg, Germany, One of Europe's Largest
• Borealis to purchase Rialti S.p.A., a prominent European manufacturer of recycled polypropylene compounds in Taino VA, Italy
• Solvay to Generate Green Hydrogen for Peroxides Operations in Rosignano, Italy
• New investments in Ravenna, Italy for the production of highly specialized elastomers by Versalis
• Commission approves €450 million Italian scheme to support production of renewable hydrogen for transition to net-zero economy.
• LyondellBasell's Decision to Acquire Mepol Group with Facilities in Poland and Italy
• Solvay introduces bio-circular silica at Livorno site in Italy
• NextChem awarded LanzaTech process design contract for circular ethanol unit in Rome Hydrogen Valley (IPCEI HY2USE) project.
• Eni contemplates constructing a third bio-refinery in Livorno, Italy
• NextChem awarded €194 million grant for world's first waste to hydrogen plant in Rome, Italy under the "IPCEI Hy2Use" EU project.
• EU Commission gives green light to €5.2 billion public support for "IPCEI Hy2Use" hydrogen value chain by thirteen Member States
• Investindustrial sells its stake in Benvic, a company specializing in thermoplastic solutions, to International Chemical Investors Group.
• BASF's Transformation of Cassina Rizzardi Market: Certified, Sustainably Sourced Coconut Oil
• Enagás to invest 4,775 million euros in interconnection, supply security, and decarbonisation
• Update on Vulcan Zero Carbon Lithium™ Project in Ortenau, Germany and Vulcan's Agreement with Enel Green Power in Cesano, Italy
• Expansion of Acrylic Resin Production Capacity in Rho, Italy by Trinseo
• Enel Green Power inks grant agreement with EU for solar panel Gigafactory in Catania, Sicily, Italy
• Stellantis Reaffirms Dedication to Italy Through Planned Battery Plant Investment in Termoli, Italy by Automotive Cells Company (ACC)
• BASF to expand plastic additives capacity in Pontecchio Marconi, Italy and Lampertheim, Germany
• European Commission awards first call for large-scale projects on climate action
• Versalis successfully launches bioethanol production at Crescentino, Italy
• MetalNRG Eco collaborates with EQTEC and a group of co-investors to revive a 1Mwe biomass power plant in Tuscany, Italy.
• Versalis to purchase remaining 60% stake in Finproject, aiming to become Italy's top producer of special polymers
• Versalis to purchase technologies and plants for the new mechanical recycling hub in Porto Marghera, Italy.
• Hexion Inc. Concludes Sale of Phenolic Specialty Resins, Hexamine, and European Forest Products Resins; Bakelite Brand Reintroduced in Europe
• Installation of a brand new pilot reactor (3.0 m³) in Castelseprio, Italy is completed by SIR INDUSTRIALE.