- €80M investment planned for Ravenna site by 2023
- Focus on producing thermoplastic rubbers, polybutadiene, and SBR
- Administrative authorizations requested from Ministry of Environment and Energy Security
- 120M euros allocated for industrial redevelopment in Ravenna from 2022-2025
Investment and Development
Versalis is set to invest €80 million by 2023 to enhance the Ravenna industrial site, a key location in the elastomers production chain. This investment aims to increase the production capacity of high value-added products, particularly thermoplastic rubbers, polybutadiene, and SBR, which are essential for the evolving tire and automotive sectors.
Project Authorization
Administrative authorizations have been requested from the Ministry of Environment and Energy Security to commence the executive phase of the project. This step is crucial for the timely implementation of the planned developments.
Research and Innovation
The Ravenna site is not only a production hub but also houses a specialized Research Center. This center is engaged in innovative projects, including the development of rubbers using renewable or recycled raw materials and new high-performance products for the tire sector, with a strong emphasis on sustainability.
Long-term Investment
Between 2022 and 2025, Versalis has earmarked €120 million for industrial redevelopment in Ravenna. This long-term investment underscores the strategic importance of the site and its role in the company's broader specialization strategy.
Employment Impact
In 2022, around 50 new hires were made at the Ravenna site, with 85 percent of these positions filled by individuals from Ravenna and its province. This hiring initiative supports the local economy and strengthens the workforce at the site.
