Versalis SpA 2024 AR2
The report outlines Versalis' strategic transformation, decarbonization, and revitalization plan, which includes a 2 billion euro investment over the next five years to transition from basic chemicals to circular, bio, and specialized chemistry. Key achievements in 2024 include the acquisition of Tecnofilm SpA, the final purchase price allocation of Novamont SpA, and the launch of the Refence recycled polymer line. Additionally, the company completed the mechanical setup of its Hoop chemical recycling demonstration plant in Mantua. Despite these advancements, Versalis faced structural challenges in the European chemical market, resulting in an operating loss of 1,005 million euros.
Company: Versalis SpA
Sector: Manufacturing
Country: Italy
Year: 2024
Type: AR2
Pages: 148
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Versalis SpA
Annual Report
The report outlines Versalis' strategic transformation, decarbonization, and revitalization plan, which includes a 2 billion euro investment over the next five years to transition from basic chemicals to circular, bio, and specialized chemistry. Key achievements in 2024 include the acquisition of Tecnofilm SpA, the final purchase price allocation of Novamont SpA, and the launch of the Refence recycled polymer line. Additionally, the company completed the mechanical setup of its Hoop chemical recycling demonstration plant in Mantua. Despite these advancements, Versalis faced structural challenges in the European chemical market, resulting in an operating loss of 1,005 million euros.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Net Zero Target
Employees