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MOSCOW (MRC) -- Eni's
Versalis plans to increase production capacity for
acrylonitrile-butadiene-styrene (ABS) at its Mantua, Italy, facility, according
to GV with reference to several
industry reports.
The project will boost ABS capacity at its existing
unit by 30,000 t/y. The engineering phase has already begun, and production is
scheduled to start in 2020.
Versalis may add another 70,000 t/y of ABS
capacity with an additional unit at the site, which would be based on the
company's One Step technology. A pilot plant was started up at Mantua in
2017 to validate the One Step technology.
As MRC reported earlier,
in mid-September 2018, Versalis opened a new EPDM rubber production plant
in Ferrara, which will mainly supply the automotive industry. The new facility
is an excellent example of reindustrialization of an Italian production plant.
Over 250 million euros were invested in the project, which involved constructing
a new production line on a land which was reclaimed and duly authorized for
renewed industrial use, and the revamping of the existing elastomer
plant.
According to MRC's DataScorpe report,
overall ABS imports to the Russian market fell in the first ten months
of 2019 by 2% year on year to 28,000 tonnes. This figure was 28,600 tonnes
in January-October 2018. October ABS imports to Russia dropped by 4% year on
year to 3,500 tonnes from 3,600 tonnes in October 2018. Imports of material into
the country were 2,600 tonnes in September 2019.
Eni is an Italian
multinational oil and gas company headquartered in Rome. It has operations in in
79 countries, and is currently Italy's largest industrial company with a market
capitalization of 68 billion euros (USD 90 billion), as of August 14, 2013. The
Italian government owns a 30.3% golden share in the company, 3.93% held through
the state Treasury and 26.37% held through the Cassa depositi e prestiti.
Another 39.40% of the shares are held by BNP Paribas. |
