02 May 2023 --- Italian energy company Eni’s chemical subsidiary Versalis is acquiring Novamont, one of the leading international players in the renewables chemical market, particularly in biodegradable and compostable bioplastics. Together with Mater-Bi, a 64% shareholder of Novamont, Versalis, a 36% shareholder of Novamont, is currently finalizing the acquisition by Versalis of Novamont’s entire share package. Versalis says it is the first Italian chemical company and a global leader in the sector, aiming at portfolio specialization through chemistry from renewables.
