Versalis converts petrochemical plant into biorefinery
The Italian petrochemical group Versalis is working on the conversion of two European sites. It has decided to develop itself, particularly in the biobased materials. Versalis, the chemical department of the Italian petrochem giant Eni, and Elevance Renewable Sciences, a US-based producer of specialty products based on natural oils, will enter into a strategic partnership.
Opportunities for biobased butadiene
Butadiene is an important petrochemical with a market size of more than $40 billion, and around 60% of butadiene goes into synthetic rubber production. The relatively recent exploitation of shale gas has resulted in butadiene scarcity, since natural gas chemical feedstocks have fewer C4 hydrocarbons than oil feedstocks used in petrochemical production. This shortage translates
