It is not a good time to Versalis. But, despite the uncertainty about its future, the chemical company of Italian oil giant Eni continues to focus on green chemistry together with Elevance Renewable Sciences. The high-growth company (headquartered in Woodridge, Illinois), that creates novel specialty chemicals from natural oils, has recently and successfully completed scale-up of a second-generation biorefinery technology of the company’s olefin metathesis technology, utilizing ethylene and natural oil feedstocks.

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