28-29 Oct, 2014 - Mexico City, MEXICO
JW Marriott Hotel Mexico City
JW Marriott Hotel Mexico City
In a move to strengthen their green portfolios further, chemical majors - Versalis (the chemical subsidiary of Eni) and Elevance Renewable Sciences, Inc. (specialty chemicals producer from natural oils), have decided to enter a partnership. The two companies signed a Memorandum of Understanding (MoU) earlier this year, whereby they will jointly develop and scale a new metathesis technology for the production of bio-chemicals from vegetable oils.
The partners aim to use the bio-chemicals produced via this technology for the production of personal care, detergents and cleaners, bio-lubricants and oilfield chemicals.
Versalis and Elevance are expected to develop and scale new catalysts and leverage the significant progress of the technology that is already developed by Elevance. Further under the partnership, the design and construction of the first world-scale ethylene metathesis-based production will also be assessed, which will use renewable oils at the Versalis Porto Marghera site. Existing infrastructure and production streams will also be used for this purpose.
While Versalis is said to bring in their catalysis process development skills and engineering design scale-up capabilities, Elevance will contribute in terms of proprietary know-how (especially with respect to metathesis and associated engineering of using vegetable oils in specialty chemicals production for premium applications). Elevance is also expected to bring in their expertise of dealing with similar projects in the US and Asia.
More on specialty chemical trends, especially biochemicals for home and personal care will be discussed at 2nd LATAM Surfactants HPC on 28-29 Oct, 2014 in Mexico City.
Contact Ms. Grace OH at grace@cmtsp.com.sg or call +65 6346 9147 for more details.
