Eni: over 900 million euros for the transition of Porto Marghera

Eni, together with its subsidiaries Versalis, Enilive, and Eni Rewind, recently presented to Massimo Bitonci, Regional Councillor for Economic Development, Research, Innovation, and Investment Attraction of the Veneto Region, the current status and planned investments for the transformation of the Porto Marghera industrial area. Initiated in 2022 with the shutdown of the cracking unit, the project now represents a total investment exceeding €900 million, compared with the initially planned €500 million, and encompasses Versalis’s circular chemistry initiatives, the enhancement of the Enilive biorefinery, and the development of a hub for hydrogen production and utilisation for public mobility.

With regard to Versalis, Eni’s chemical company has completed the first phase of its advanced mechanical recycling hub for post-consumer plastics (styrenic polymers and polyolefins), with an annual capacity of 20,000 tonnes. The four production lines are scheduled to become operational by May, leveraging collaborations with supply chain partners, including local Venetian actors, to source secondary raw materials. The second phase is currently under development: the plant configuration has been optimised, the basic engineering completed, and the feasibility study is underway to define the subsequent steps. The recycled outputs feature a post-consumer recycled plastic content ranging from 35% to 100% and are primarily destined for the packaging and construction sectors.

Investments to strengthen the logistics hub – a central node for the distribution of raw materials to the Mantua and Ferrara plants, as well as to Versalis customers across multiple markets – have long been underway to enhance supply flexibility and reliability. Specifically, the installation of new loading arms for ethylene and propylene has been completed, interventions on the quays are ongoing, and preparatory works are in progress for the site of the new cryogenic ethylene storage tank, which will further increase storage flexibility.