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Business
Versalis To Build Italian Resins Plant
by Alex Scott
August 12, 2013
| A version of this story appeared in
Volume 91, Issue 32
Versalis, the chemical arm of the Italian oil giant Eni, plans to build a plant in Priolo, Sicily, to make hydrocarbon resins for products including adhesives, inks, coatings, and rubber. Versalis will use technology developed by Neville Venture, a joint venture between U.S.-based Neville Chemical and GTC, a petrochemical technology firm. The project is intended to make the most of raw materials from Eni’s ethylene cracker in Priolo. Versalis says the European market for the resins is promising.
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