Eni plans to invest in bioplastics
by ChemOrbis Editorial Team - content@chemorbis.com
According to media reports, Italy’s Eni is mulling over a possible investment in the bioplastics sector to reduce its exposure to volatile oil and gas markets.
The company reportedly considers acquiring the assets of the Italian producer Mossi Ghisolfi, which filed for bankruptcy protection in the USA and Italy two months prior, as part of its plans to boost its chemicals, retail and refining businesses.
However, the company declined to comment on the possible acquisition at the time of publication.
The company reportedly considers acquiring the assets of the Italian producer Mossi Ghisolfi, which filed for bankruptcy protection in the USA and Italy two months prior, as part of its plans to boost its chemicals, retail and refining businesses.
However, the company declined to comment on the possible acquisition at the time of publication.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PVC prices hit three-month lows in Türkiye, what lies ahead?
- Yuan strengthens further against USD; how will China’s petchem exports be affected?
- Asian PVC players expect September price cuts from a Taiwanese major
- PP prices fall to year-to-date lows in Vietnam
- Stats: S. Korea’s H1 PE exports reach all-time high; surging sales to Vietnam shine
- Slack demand looms over sellers’ rollover targets in Türkiye’s PE market
- Chinese ethylene-based PVC export offers break below $700 for first time in 20 months
- India’s import PP and PE markets fall as monsoon strengthens
- LyondellBasell details plan to review European assets: More plant closures ahead in Europe
- PPH-propylene delta hits 9-month low in China
