12 September 2012 06:54 [Source: ICIS news]
Versalis CEO Daniele Ferrari is in
“[A] direct presence in the Asia-Pacific region will allow the company to better monitor its industrial and market activities in sectors of strategic interest,” Versalis said in a statement.
In Asia, Versalis will be operated by Eni Chemicals Trading and Versalis Pacific Trading, which will be responsible for the import and sale of chemical products; the management of technology licenses, and; the development of partnerships in
Its Asian operations cover
The company’s strategy is based on cooperation agreements with international players and by leveraging Versalis’ proprietary technologies, it said.
Versalis said it hopes “to benefit from the strong development of the elastomer market in Asia, with an annual growth rate of 5% to 8%”, particularly in
It said that
“Versalis is also in the process of finalizing important negotiations with other major international market leaders,” the company said.
Versalis was formerly known at Polimeri Europa.
($1 = €0.78)
Read John Richardson and Malini Hariharan’s blog – Asian Chemical Connections
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|