Versalis, Veritas to Promote Circular Economy

Advanced Plastic Recycling Versalis, Veritas to Promote Circular Economy

2025-09-08 Source: Press release Versalis 2 min Reading Time

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Under an agreement signed between Versalis and Veritas, both the companies will work together to boost advanced plastic recycling. The two companies will analyze and select waste streams and secondary raw materials from Veritas’s facilities for Versalis’ recycling processes.

The agreement was signed by Adriano Alfani, Chief Executive Officer of Versalis, and Andrea Razzini, General Manager of Veritas.(Source: Versalis) — The agreement was signed by Adriano Alfani, Chief Executive Officer of Versalis, and Andrea Razzini, General Manager of Veritas.
(Source: Versalis)

Venice/Italy – 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, have recently 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 analyze 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.

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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.

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Date: 08.12.2025

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