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Elevance Renewable Sciences and Versalis are joining to develop new metathesis technology for producing biobased chemicals from vegetable oil. Elevance already runs a facility in Gresik, Indonesia, that uses the technology. Versalis is an Italian chemical company with catalysis process development expertise. The partners plan to build on molybdenum-catalyzed metathesis technology that Elevance has demonstrated with XiMo, a Swiss catalyst start-up. They will also assess the design and construction of a plant at Versalis’s site in Porto Marghera, Italy, that would use metathesis to make ethylene.
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