Versalis, a chemical company, is planning to invest €80 million in the Ravenna industrial site to increase capacity for high value-added elastomers, particularly thermoplastic rubbers, polybutadiene, and SBR. The aim is to cater to the growing tire and automotive sector. The company has already requested administrative authorizations to begin the project, which is part of their specialization strategy and commitment to sustainable mobility. In addition to production, Versalis has a specialized Research Center in Ravenna focused on innovative projects and the development of rubbers from renewable or recycled sources. The company plans to invest a total of €120 million in Ravenna between 2022 and 2025.
San Donato Milanese (MI) - Versalis is preparing to make new investments to develop the Ravenna industrial site, which is strategic in the elastomers production chain, to increase capacity for high value-added products.
The aim is to further expand the production mix of highly specialized elastomers in particular, thermoplastic rubbers, polybutadiene and SBR destined for the rapidly developing and transforming tire and automotive sector.
Administrative authorizations have already been requested from the Ministry of Environment and Energy Security in order to start the executive phase of the project, which envisages an investment of about 80 million euros, by 2023.
"This development project," says Adriano Alfani, CEO of Versalis, "is part of the broader specialization strategy of our portfolio, accelerates the development of high-performance products and for sustainable mobility, and strengthens our presence in a virtuous territory like Ravenna.
Ravenna represents a strategic and historic site for Eni and Versalis. In addition to the production of monomers and elastomers, here the chemical company has a specialized Research Center committed to various innovative projects, including the development of rubbers with raw material content from renewable or recycled sources, and new products for the high-end tire sector, with a focus on performance and sustainability.
In the four-year period 2022-2025 in Ravenna, Versalis has planned investments of 120 million euros, all of which have been earmarked for industrial redevelopment. Around 50 new hires have been made at the site in 2022, 85 percent of them from Ravenna and its province.