(AGENPARL) – Thu 04 September 2025 Versalis and Veritas sign agreement to promote advanced
plastic recycling
Porto Marghera (Venice), 4 September 2025 – Versalis, Eni’s chemical company, and
Veritas, one of Italy’s largest multi-utilities operating in the Metropolitan City of Venice and
in parts of the Province of Treviso, today signed an agreement to promote the circular
economy, with a particular focus on developing joint initiatives to valorise post-consumer
and post-industrial plastics. The agreement was signed by Adriano Alfani, Chief Executive
Officer of Versalis, and Andrea Razzini, General Manager of Veritas.
The two companies will work together to analyse and select waste streams and secondary
raw materials from Veritas’s facilities in order to assess their suitability for Versalis’s
recycling processes.
In Fusina, within Porto Marghera’s industrial area, Veritas manages through its subsidiaries
the waste Ecodistretto. This integrated waste treatment hub is a tangible example of
industrial synergy, where closely located treatment plants work together to reduce energy
consumption and cut emissions. The agreement aims to develop a local integrated industrial
supply chain for producing high-quality recycled plastics, supported by new investments.
The first step will focus on recycling expanded polystyrene (EPS) waste, such as boxes
used in the fishing sector, which will be processed at the new Versalis plant in Porto
Marghera, operational since March 2025. At full capacity, the facility will be able to produce
up to 20,000 tonnes per year of crystal polystyrene (r-GPPS) and expandable polystyrene
(r-EPS) from secondary raw materials derived from post-consumer EPS waste. The Porto
Marghera plant represents the first step in the conversion of the Venice petrochemical site
and is part of the broader transformation and relaunch plan for Versalis, signed at the
Ministry of Enterprises and Made in Italy.
“With this agreement we strengthen our commitment in Porto Marghera to advancing
plastics circularity, leveraging the industrial and technological expertise of Versalis and of
Veritas, our strategic partner”, said Adriano Alfani, Chief Executive Officer of Versalis.
“To achieve effective recycling of urban waste, we need both the active participation of
citizens in proper waste separation, as well as sorting and recycling facilities capable of
turning waste back into raw material. This agreement transforms those requirements into
concrete actions, with a positive environmental impact on the City of Venice and the
metropolitan area,” said Andrea Razzini, General Manager of Veritas.
Eni Company Contacts:
Web site: http://www.eni.com – https://versalis.eni.com/
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