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Versalis and AGR to develop new products from end-of-life tyres

January 18/2021

MOSCOW (MRC) -- Versalis, Eni's chemical company and a leader in the production and marketing of elastomers, and AGR, company that owns technology for the devulcanization of post-consumer elastomers, have signed an agreement to develop technological innovations and new products and applications with recycled rubber, reported GV.

The aim of the agreement is to pool their respective expertise to develop and market a new range of elastomer-based products made from granulated rubber from post-consumer products, thus meeting the growing circular economy needs of manufacturers of tyres and other rubber products.

Versalis will make available the laboratories of its research centres in Ravenna and Ferrara (both Italy), as well as the necessary equipment for development, both in terms of formulation and technology. AGR will make its technological platform available at its plant in Cumiana (Turin, Italy). The initiative will be developed in collaboration with the EcoTyre Consortium, which manages a national network for the collection and processing of ELTs (End-of-Life Tyres) from which granulated rubber will be obtained.

With this new circular economy initiative, Versalis aims to expand the range of Versalis Revive products, made of recycled materials. This will include the elastomeric materials segment, in which it is leader in terms of technological and application expertise.

As MRC informed before, Versalis, the chemicals subsidiary of Eni (Rome, Italy), has reduced production at its 65,000-metric tons/year acrylonitrile-butadiene-styrene (ABS) plant at Mantova, Italy, to 50% until at least February 2021 due to one of its suppliers declaring force majeure.

We remind that in 2019, Versalis unveiled plans to increase production capacity for ABS at its Mantua, Italy, facility. The project will boost ABS capacity at its existing unit by 30,000 t/y. The engineering phase ha already begun, and production was scheduled to start in 2020.

According to ICIS-MRC Price report, ABS imports into Russia rose in the first eleven months of 2020 by 2% year on year to 32,000 tonnes from 31,300 tonnes a year earlier. South Korean shipments accounted for 62% (19,900 tonnes) in January-November 2020 versus the share of 58% (18,200 tonnes) a year earlier. .

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. 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.
Author:Margaret Volkova
Tags:ABS, elastomer, car components, petrochemistry, recikling, natural rubber, tyres, Eni, Versalis, Italy, Russia.
Category:General News
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