Versalis is Eni's chemical company operating globally in the basic and intermediate chemical sectors, plastics, rubbers and renewable sources chemistry. It focuses on development of an integrated technological platform in line with its strategy.
With a total production of around 9.5 million tons in 2018, Versalis markets and works towards developing chemical products in its five business areas:
Intermediates
Polyethylene
Styrenics
Elastomers
Biotech
The Company interacts with markets by offering global strategies and a product portfolio oriented towards satisfying a constantly evolving market, focussing on R&D and Licensing activities and further expanding its technological and business influence globally. To achieve these goals, Versalis relies on its expertise in the industrial area, its wide range of proprietary technologies, a wide-reaching distribution network and post-sales service activity.
As part of a wider Eni strategy, for Versalis circularity is a decisive factor from an integrated and synergistic perspective ranging from use of resources and processes up to product life cycles. The three pillars of Versalis strategy for the circular economy, strictly connected with innovation, take into consideration the whole life cycle and include eco-design, feedstock diversification and recycling of polymers.
In this area, Versalis commitment is highlighted by participation in innovative initiatives and programmes. They include the Alliance to Help End Plastic Waste, a revolutionary project uniting major chemical companies and operators along the entire value chain of the sector to speed up the transition towards a global circular economy and make its contribution to the fight against dispersion of plastic waste in the environment, with specific focus on marine litter.
Making use of its industrial and technological expertise, Versalis aims to achieve leadership in rapidly developing markets.
In the Asia-Pacific area, the Company has a subsidiary in Shanghai, Versalis Pacific Trading, as well as in Mumbai (India) and in Singapore. In the same area, with the LVE joint venture, set up with the South Korean company Lotte Chemical, Versalis aims to promote development of the elastomer business.
Versalis also has offices in Houston (Texas) to boost, through its subsidiary Versalis Americas, its business on the local market, in particular in the field of elastomers. In Ghana and Congo, and in the Middle East through VPM, a joint venture with Mazrui Energy Services, Versalis plays an active role in the Oil&Gas sector with its portfolio of products for the petroleum extraction and production industry.