Versalis and Novamont strengthen their partnership to strengthen synergies in a key sector for the ecological transition such as that of green chemistry, leveraging on what has been built up to now to maximize its impact and seize new opportunities.
The commitment to Matrìca is reconfirmed - the joint venture established in 2011 between Versalis and Novamont in Porto Torres and specialized in the production of bioproducts from renewable sources - with the aim of enhancing technologies and production assets for the full development of products, also in supply chains integrated with the two companies, in the reference markets, focusing on their development and growth.
In this context, the agreements between the shareholders have also been redefined: Versalis will increase its stake in Novamont from 25% to 35%. At the end of this reorganization, the Novamont team is configured as follows: Mater-Bi (held by NB Renaissance, Investitori Associati and other private investors) 65%, Versalis 35%.
Adriano Alfani, Versalis CEO, commented: "The development of chemistry from renewable sources, of which the Matrìca jv represents an important example, is one of the pillars of Versalis' strategy, in line with the energy transition path it is carrying out. Eni. This agreement with Novamont starts from the idea that Italy, in the field of chemistry from renewable sources and the circular bioeconomy, can play a key role at an international level. The strengthening of the partnership between Versalis and Novamont combines the great technical and market skills of the two companies, and will allow to accelerate the development of technologies, supply chains and competitiveness ".
Catia Bastioli, CEO of Novamont commented: “Novamont is a pioneer and leader in the biochemicals and bioplastics sector having contributed to building the Italian circular bioeconomy platform and a series of integrated technologies underlying its plants in the territories. This agreement strengthens the synergies between Novamont and Versalis in green chemistry, leveraging on what has been achieved so far to maximize opportunities. The jv Matrìca today represents a chemical platform from renewable sources at an industrial level, with unique plants and products on which it is possible to further build in terms of technologies, products and projects that also look to the sectors of agriculture, energy and bioproducts. This aspect is particularly relevant at this moment in which our country must accelerate the ecological transition in a decisive way by leveraging sectors in which it can boast a leadership position ".