The largest in the world

On June 13, 2011 Polimeri Europa and Novamont set up a new joint venture called Matrica with plans to build an innovative bio-based chemical complex in Porto Torres (Sardinia, Italy).
With a total investment of 500 million euro, the project consists of seven new plants – an integrated production chain transforming vegetable oil to bio-plastics – to be completed within the next six years, and a research centre devoted to bio-chemistry that will be operative in the next quarter.
The fifty-fifty joint venture will operate the bio-based chemical complex, where the basic engineering of the first phase has already been completed. ENI also plans to make an additional investment of approximately 230 million euro in a biomass power station to provide electrical power.