Eni, Novamont Spa JV for bio lubricants, bio plastics

June 6, 2011 |

In Italy, Eni and Novamont Spa signed a joint venture to build new production facilities for bio monomers, bio lubricants, bio fillers, bio intermediates/additives for elastomers and bioplastics.

Novamont’s contribution to the NewCo 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 labour. On the development side, it will bring its industrial experience and its technical, engineering and commercial skills and expertise.

The three stages of the Green Centre in Port Torres will be to build facilities to produce bio monomers for bioplastics, bio lubricants and bio intermediates/additives for elastomers, then building facilities for production of bio fillers and bio intermediates/additives for elastomers, and culminating in constructing stage 1 facilities with greater capacity and a bioplastics plant.

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