Versalis acquires Ecoplastic plants and technologies
Versalis S.r.L., a subsidiary of Italy-headed oil, gas, and energy major Eni S.p.A has announced that it has acquired on an exclusive basis the technology and plants of Ecoplastic S.r.L, a compatriot company of the De Berg Group specializing in the recovery, recycling, and transformation chain of styrene polymers.
Ecoplastic has developed a production process of styrene polymers, expanded polystyrene (rEPS), and solid polystyrene (rGPPS) with recycled content up to 100 percent from secondary raw material obtained from EPS waste selected from the industrial and commercial sectors.
The new products will be used for applications in which sustainability and circularity requirements are essential, such as packaging and construction.
The agreement with the De Berg group constitutes a concrete step for the start of the first phase of construction of the advanced mechanical recycling hub as part of the transformation project of Eni’s Porto Marghera plant site, where the installation of the units acquired from Ecoplastic for the production of styrene polymers obtained entirely from recycled, already sorted and pre-treated raw material will take place from next year.
The overall capacity of this first phase will be around 20 000 tonnes per annum.
The recycling of plastics is one of the fundamental levers to accelerate the transformation of Versalis through circular models and is part of Eni’s broader strategy for the energy transition, of which the circular economy is one of the core strategic pillars. This agreement represents a further important step in the development of a portfolio of recycled products capable of meeting the needs of the market both in terms of high performance and sustainability, leveraging technological innovation and strategic supply chain partnerships, as well as our people’s expertise, commented Adriano Alfani, CEO of Versalis.