- Versalis launches new ‘Hoop’ technology to recycle mixed plastic waste into high-grade feedstock for new plastics.
- The project is part of Eni’s €2B strategy to transform its struggling chemical division through sustainable innovation.
- A full-scale plant in Priolo, Sicily, is under consideration, with a final investment decision expected in 2026.
Versalis, the chemical subsidiary of Italian energy giant Eni, has inaugurated a demonstration plant in Mantova, Italy, showcasing its proprietary chemical recycling technology, Hoop. The technology enables the transformation of mixed plastic waste into new plastic materials—including those suitable for food and pharmaceutical packaging.
