Versalis: Construction Site for Plastics Chemical Recycling Plant Opens in Mantua

Source: www.gulfoilandgas.com 10/31/2023, Location: Europe

Versalis, Eni’s chemical company, has begun construction of a demo plant in Mantua to develop Hoop®, its proprietary technology for chemical recycling of mixed plastic waste. Hoop® stems from a joint project with Italian engineering company S.R.S. (Research and Development Services). The venture is aimed at developing an innovative technology that complements mechanical recycling by transforming mixed plastic waste into raw materials to produce new virgin polymers.

The project was made possible by the collaboration – initiated in 2020 – with Corepla (National Consortium for the Collection, Recycling and Recovery of Plastic Packaging) to enhance the value of post-consumer plastics from national recycling collection.

The technology, named Hoop® to evoke circularity, has been integrated with the plastics pyrolysis product purification technologies of Technip Energies (T.EN), a leading engineering and technology company for the energy transition, developing a technology platform for advanced chemical recycling.

The Hoop® technology demo plant will have capacity to handle 6,000 tonnes of secondary raw material, and is scheduled to be up and running by the end of 2024.

Hoop® is the only Italian technology to have won an award from the 2023 ‘EU Innovation Fund’, allocated by the European Commission with a total of €3.6 billion and focused on innovative low-carbon technologies - with 239 projects submitted and 41 total winners.

«The Hoop® project is an important step forward in Versalis’ strategy to develop chemical recycling technology, complementary to mechanical recycling, to ensure full circularity for all plastics. The project will boost the recycling of plastic waste, thereby contributing to the recycling targets at national level in order to achieve the ones set by the European Commission» commented Versalis CEO Adriano Alfani.


United States >>  2/21/2024 - Syzygy Plasmonics announced today that it has reached a strategic investment agreement with Zeon Corporation (Zeon) through its venture capital arm Ze...
Saudi Arabia >>  2/11/2024 -  In the presence of HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy; His Excellency Eng. Khalid Al-Falih, Minister of Investment; His Exce...

India >>  1/30/2024 - NTPC Limited, India’s largest integrated power utility, signed a non-binding MoU with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd...
United Kingdom >>  1/24/2024 - Getinge’s new Global Centre of Excellence for Chemistry, which also becomes the UK headquarters, bring together the medtech company’s chemistry and in...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.