04 May - Versalis confirms plans to shut Porto Marghera cracker permanently
In a press release published on May 2, Italian producer Versalis confirmed the transformation of its activities at Porto Marghera site and the implementation of new industrial initiatives in the area.
As part of the company’s transformation programme, Versalis will start the process of shutting down the cracking and aromatics operations at Porto Marghera on May 9. The process is estimated to last for six days.
The cracker has capacity to produce 490,000 tons/year of ethylene and 245,000 tons/year of propylene. Porto Marghera site also produces 35,000 tons/year of mixed-xylenes, 75,000 tons/year of toluene, and 110,000 tons/year of benzene.
In Porto Marghera, the company said it is building the first plant for advanced post-consumer plastics mechanical recycling, following its acquisition of Ecoplastic’s technology and plants. The total capacity of this first phase will be about 20,000 tons/year.
The company also said that it will build the first isopropyl alcohol plant at Porto Marghera. The capacity of the new plant will be 30,000 tons/year.