- Novamont acquired 100% of Mater-Biopolymer from Mossi & Ghisolfi in 2016.
- Production capacity of ORIGO-BI biopolyesters will double to 100,000 tonnes per year by Q1 2018.
- €500 million invested in plants and €200 million in R&D.
- The Patrica plant conversion began in 2009 and the first ORIGO-BI plant was inaugurated in 2011.
Acquisition and Redevelopment
In 2016, Novamont completed the acquisition of 100% of Mater-Biopolymer from the Mossi & Ghisolfi group. This acquisition marked the beginning of the second phase of redeveloping the Mater-Biopolymer plant in Patrica, doubling the production capacity of the ORIGO-BI family of biopolyesters. These biopolyesters are used to enhance the technical, economic, and environmental properties of MATER-Bi® biodegradable and compostable bioplastics.
Plant Conversion and Expansion
The Mater-Biopolymer plant in Patrica originally belonged to M&G and had two PET production lines, with one line ceasing production in 2009. Novamont began converting this line to its technology, and in 2011, inaugurated the first continuous plant for producing ORIGO-BI biodegradable polyesters from vegetable oil monomers. By the end of Q1 2018, the conversion of the second line will be completed, doubling the production capacity to 100,000 tonnes per year and increasing the content of renewable raw materials.
Investment and Employment
Novamont has invested €500 million in plants, either directly or through joint ventures, and €200 million in research and development. The company employs 700 direct and 2,000 indirect employees, with 1,000 employees involved in constructing four new world-class plants. Additionally, six abandoned sites in six different regions have been re-industrialized, benefiting agriculture and local economies.