Eni and Milano-headquartered banking group UniCredit partnered around Open-es, an ecosystem initiative seeking to enhance cross-business collaboration and support companies in measuring and improving their ESG performance. Open-es is an alliance that joins together entrepreneurial, financial and associative networks, supporting all stakeholders on their sustainable development path through a digital and innovative platform.
Eni Sustainable Mobility and PBF Energy Inc. entered into definitive agreements to partner in a 50-50 joint venture, St. Bernard Renewables LLC (SBR), for the biorefinery currently under construction co-located with PBF’s Chalmette Refinery in Louisiana (US). Upon consummation of the transaction, which is subject to customary closing conditions, including regulatory approvals, Eni Sustainable Mobility will contribute capital totaling $835 million plus up to additional $50 million that is subject to the achievement of eventual project milestones and will provide expertise in biorefining operations, supply and marketing. PBF brings its strong industrial know-how in the United States and, as the contributor of the biorefinery, will continue to manage project execution and serve as the operator once construction is complete.
Eni completed the construction of the oilseed collection and pressing plant (agri-hub) in Makueni, Kenya, and started production of the first vegetable oil for bio-refineries. The first agri-hub will have an installed capacity of 15,000 tons with an expected production of 2,500 tons in 2022.
Versalis, the chemical division of Italian oil giant Eni, met last week in Rome with representatives of national and local trade unions to present its business plan for the next four years. According to the company, more than 1.1 billion euros have been spent in the last four years and the plan is to continue with investments focused on four strategic areas: specialization, circularity, chemistry from renewables and efficiency.
Versalis, Eni’s chemical company, has begun the production of bioethanol from lignocellulosic biomass at Crescentino (Vercelli, North-western Italy). The plant, which was acquired in 2018, has been overhauled thanks to major investments and has started the production of advanced bioethanol, in compliance with the European legislation for the development of renewable energy RED II, as it is derived from raw materials that do not interfere with the food chain.
Versalis, Eni’s chemical company, and BTS Biogas, an Italian company in the building and managing sector of biogas plants, have agreed to develop and commercialise an innovative technology for the production of biogas and biomethane from residual lignocellulosic biomass.
“Another main pillar of our strategy is to drive sustainability through chemistry from renewable sources. We already operate on two technological platforms: Proesa® starting from solid biomasses and Matrìca from vegetable oils.” Adriano Alfani, CEO Versalis – the chemical division of Italian oil company ENI, talks to Il Bioeconomista.
Eni has launched the production of alternative sustainable aviation fuel (SAF) that will significantly contribute to the decarbonization of aviation in the short to medium term. Eni SAFs are produced exclusively from waste and residues, in line with the company’s strategic decision not to use palm oil from 2023.
Versalis, Eni’s chemical company, has launched a new line to produce liquid hand disinfectant marketed under the brand name Invix™ at its plant in Crescentino (Vercelli, North-western Italy), to meet the growing demand as a result of the current health situation across the nation.
“The bioeconomy offers great opportunities for the European chemical industry to create new products, diversify its raw material base and reduce its dependence on non-renewable resources”. To say it – in this long exclusive interview with Il Bioeconomista – is Daniele Ferrari, CEO Versalis, the Chemical Division of Italian oil giant ENI, and President CEFIC, the European Chemical Industry Council. Ferrari talks with us about the main challenges the European chemical industry is facing, the circular bioeconomy and the next steps of Versalis in the green chemistry field.