Biochemical investor offers jobs hope to ex-Vinyls Italia workers

12 September 2013 15:27  [Source: ICIS news]

LONDON (ICIS)--The 130 laid-off employees of the closed Vinyls Italia plants in Porto Marghera, near Venice, northern Italy, can expect to be re-employed at a bio-based chemical facility near their former workplace, oilseed processor Oleificio Medio Piave said on Thursday.

Oleificio Medio Piave is working on an investment project that would see an oilseed crushing and processing facility – which is most likely to produce components for biodiesel manufacturers – established on 38 hectares of land previously occupied by chlorine-cycle installations of Italy's Eni group, the company added.

Consultation is currently taking place with local authorities to find a wharf facility with direct access to the sea that could be utilised by the plant, it said.

The company added that it was working closely with the unions to arrange the hiring of the Vinyls Italia workers, who were previously employed in running a 250,000 tonne/year vinyl chloride monomer (VCM) plant and a 185,000 tonne/year suspension polyvinyl chlorine (PVC) unit.

In addition to Porto Marghera, Vinyls Italia also operated two other PVC production sites – Porto Torres in Sardinia and Ravenna in northeast Italy. Vinyls Italia entered bankruptcy proceedings three years ago.

On Wednesday, a source at Industrie Generali, which took over the Ravenna site, said the unavailability of feedstock had prevented the restart of plants.

The future of the Porto Torres site hinges on the outcome of the Matrica project, a 50:50 joint venture between Versalis and Novamont to produce bio-based materials.

By: Will Conroy
+44 20 8652 3214

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