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Eni and Novamont to build €500M biorefinery

Italy-based energy major Eni and Novamont Spa are forming a joint venture to design, build and manage a new €500-million (US$711-million) biorefinery at the Porto Torres petrochemical plant owned by Polimeri Europa/Syndial (Eni).

Under the agreement, Novamont technologies and renewable raw materials will be used to build new production facilities for bio-monomers, bio-lubricants, bio-fillers, and bio intermediates/additives for elastomers and bioplastics. A major feature of the project will be supply chain integration with the development of local crops.

Novamont’s contribution to the joint venture will be to provide its proprietary technologies for the design, building and operation of the new facilities. Eni will provide the site, the infrastructures and skilled labor. On the development side, it will bring its industrial experience and its technical, engineering and commercial skills and expertise.

There will be three stages to the investment in the “Porto Torres Green Centre”:

  1. building of the facilities to produce bio-monomers for bioplastics, bio-lubricants and bio-intermediates/additives for elastomers;
  2. building of the facilities to produce bio-fillers and bio-intermediates/additives for elastomers;
  3. building of the stage 1 facilities with greater capacity and a bioplastics plant.

Polimeri Europa (Eni) says the creation of the Green Centre in partnership with Novamont marks a step towards fulfilling a duel objective.

Through this strategic alliance between Polimeri Europa and Novamont, Eni believes that it can become a world leader in the bioplastics sector.

Comments

JN2

Where the bleep is Porto Torres? Northern Sardinia, an island, part of Italy.

SJC

When you look at Tunisia and the distance to that island, it makes sense putting that oil and gas pipeline under the sea to Italy. I had wondered how they did that.

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