Italy
Versalis

Restructuring softens Versalis losses

October 24, 2025 - In the third quarter, results improved slightly as operational losses narrowed. Adverse market conditions continued to curb the impact of restructuring efforts.

Versalis joins forces with Veritas on EPS recycling

September 5, 2025 - New partnership targets northern Italy’s post-consumer styrenics waste for Porto Marghera’s 20,000 t/y mechanical recycling facility.

Versalis cuts losses in Q2

July 25, 2025 - ENI’s restructuring plan begins to deliver results, despite ongoing macroeconomic pressure and reduced competitiveness in Europe’s chemical industry.

Leadership change at Finproject

July 7, 2025 - Maurizio Vecchiola moves up to executive chairman; Francesco de Francesco named CEO of Versalis-owned Italian company.

Italian Antitrust fines Novamont €32 million

June 24, 2025 - AGCM claims the companies leveraged dominant market position in bioplastics for shopping bags through exclusive agreements with manufacturers and retailers.

Versalis to shut Sicily cracker

June 20, 2025 - Operations to wind down in early July; feedstocks to other Versalis plants to be supplied via ship and pipeline.

Versalis unveils demo plant for chemical recycling

June 20, 2025 - Hoop pyrolysis technology debuts at demonstration facility at Mantua site, in Nortern Italy; full-scale plant planned in Sicily within four years.

Versalis to kick off chemical recycling in Italy

June 17, 2025 - Recently completed, the new Hoop technology facility will process around 6,000 tonnes of plastic waste per year.

Europe’s weak chemical sector weighs on Versalis

April 24, 2025 - Losses widened in Eni’s chemical division in the first quarter of 2025 amid continued pressure from stronger competition in Asia and North America.

Video: Recycling of styrenics in Porto Marghera

April 2, 2025 - We visited and filmed the new Versalis mechanical recycling plant for styrenic waste, built on the grounds of the former petrochemical site in Venice.

LAST NEWS

Hennecke joins the Brückner Group

December 12, 2025 - The German extrusion equipment manufacturer enters the polyurethane market with the acquisition of the company formerly owned by Swiss investment firm Capvis

EU finalizes provisional ELV Regulation deal

December 12, 2025 - Progress in the legislative process for new rules on vehicle circularity and end-of-life management. PlasticsEurope voices concern over revised recycling targets.

Ascend exits Chapter 11 with new CEO

December 11, 2025 - Restructuring plan approved as Schumacher replaces McDivitt at the helm of the Texas-based company.

Renolit launches carve-out of medical division

December 11, 2025 - Healthcare unit to operate independently from 2026, with full legal split due by end of 2027.

Bio-based black pigment detectable by NIR

December 11, 2025 - UPM launches world-first carbon-negative black pigment derived from lignin, solving a key challenge in packaging waste sorting.

XRG completes acquisition of Covestro

December 10, 2025 - With the agreed capital increase, the German chemical group comes under the control of Emirati group ADNOC.

MOST POPULAR

A white knight for Venator Italy

December 3, 2025 - The Tuscany-based Nuova Solmine, formerly a key supplier to the shuttered TiO2 plant, is preparing to revive the site after two years of inactivity.

Treofan Germany restarts production

September 22, 2025 - Following a temporary halt, operations resume at the BOPP film plant in Neunkirchen as insolvency administrators seek new investors.

EU holds the line on PPWR revisions

December 10, 2025 - Flexible Packaging Europe backs the Commission’s move to protect the packaging law and avoid regulatory uncertainty for industry.

European Parliament seeks clarity on microplastics

December 10, 2025 - EFSA tasked with providing scientific opinion on potential health risks related to the presence of these substances in food, water and air.

European recyclers call for local content

December 9, 2025 - FEAD, PRE and Recycling Europe urge Brussels to prioritise EU-made plastic recyclates in upcoming circular economy legislation.

EVENTS

Rome Feb. 5–6, 2026

Petcore chooses Rome for annual PET event

The ‘save the date’ has been launched for the annual industry gathering, which for the first time will not be held in Brussels.

Milan, Italy, June 9–12, 2026

Early-bird discounts announced for Plast 2026

Exhibitors can sign up by June 15 to receive a 20% discount, or by July 31 for a 10% reduction. Additional savings are available for those booking more space than in 2023.

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.