Italy
ENI

Versalis restructuring sparks union rift

March 12, 2025 - Four out of five labor Unions back ENI’s Plan for basic chemicals in Italy – Filctem-Cgil stands firm in opposition.

Versalis posts another loss in 2024

February 27, 2025 - Despite a slight increase in volumes, margins remain under pressure due to challenging macroeconomic conditions. Restructuring plan moves forward amid Union opposition.

Bastioli inducted into the NAE

February 14, 2025 - The Novamont CEO is among 22 international engineers admitted to the National Academy of Engineering's 2025 class.

Versalis ready for chemical recycling

February 6, 2025 - Demonstration plant in Italy completed with Hoop technology. Inauguration scheduled in the coming months.

Leadership change at Finproject

February 3, 2025 - Stefano Fabris succeeds Marco Chiappani at the helm of the Italian PVC compounder controlled by Versalis.

Versalis shuts down butadiene unit in Brindisi

January 20, 2025 - The decision communicated by unions. The plant closure is part of ENI Group's broader restructuring plan for its chemical operations.

Versalis to shut down cracking in Brindisi by April

January 10, 2025 - Schedule announced for conversion of Italian site. Polyethylene production to continue as gigafactory project replaces basic chemicals operations.

Versalis outlines its new plan to the government and unions

December 16, 2024 - The chemical company of the ENI group has met with the Italian Ministry of Industry to discuss the conversion of its operations in Sicily.

ENI exits cracking as it invests €2 billion in Versalis

October 24, 2024 - Shutdown of Brindisi and Priolo crackers, the last remaining, and polyethylene production in Ragusa announced. A new corporate structure is on the way.

Versalis enters home decor with bio-circular plastics

October 7, 2024 - The Italian chemical company has stepped into the furniture and home decor industry with its new brand, ReUp. The first implementation has taken place at its Ravenna site.

LAST NEWS

Low Rhine levels squeeze transport capacity

August 7, 2026 - Barges are operating with sharply reduced loads as drought affects one of northern Europe’s main logistics corridors.

UK probes polymer imports

August 7, 2026 - The TRA has opened investigations into PET and S-PVC imports following applications from two UK producers.

Plastic Energy relaunches under Monreal

August 7, 2026 - With a new ownership structure following administration proceedings, the UK recycler is preparing to relaunch its activities under the leadership of its founder.

Italy presses ahead on compostables mandate

August 5, 2026 - The Council of Ministers has approved a decree-law introducing mandatory compostability requirements for certain types of single-use packaging. Assobioplastiche has welcomed the decision.

Sinopec expands PVA capacity

August 5, 2026 - A new 50,000-tonne-per-year facility has increased the Chongqing site’s total capacity to 210,000 tonnes per year. The first batches have already been shipped to Europe.

NexPoint emerges from Sabic’s ETP

August 4, 2026 - The new engineering thermoplastics company was created following Mutares’ acquisition of the Engineering Thermoplastics business.

MOST POPULAR

Coperion to close Italian site

July 27, 2026 - The company, part of Germany’s Hillenbrand Group, has announced plans to close its engineering operations in Ferrara.

NexPoint emerges from Sabic’s ETP

August 4, 2026 - The new engineering thermoplastics company was created following Mutares’ acquisition of the Engineering Thermoplastics business.

Amsterdam rejects ethylene damages claims

August 4, 2026 - The ruling does not challenge the antitrust infringement but rejects Shell’s civil damages claim.

Hexpol acquires Vipa Group

August 4, 2026 - The €143.5 million deal strengthens the Swedish group’s thermoplastic compounding activities for Wire & Cable applications.

Italy presses ahead on compostables mandate

August 5, 2026 - The Council of Ministers has approved a decree-law introducing mandatory compostability requirements for certain types of single-use packaging. Assobioplastiche has welcomed the decision.

EVENTS

Friedrichshafen Oct. 12–16, 2026

Plastics fair Fakuma confirms Friedrichshafen

With strong exhibitor interest and regional support, the event will remain at its traditional Lake Constance location for at least five more years.