Eni convert Venice refinery into bio-refinery

Eni to convert Venice refinery into bio-refinery

9:34 AM, 24th September 2012
Eni to convert Venice refinery into bio-refinery

VENICE, ITALY: Eni SpA met local and national institutions as well as trade unions and explained the ‘Green’ refinery process which will lead to the conversion of the Venice refinery into a “bio-refinery,” producing innovative and high quality bio-fuels.

The project, which involves an estimated investment of approximately €100 million ($130 million), is the first in the world to convert a conventional refinery into bio-refinery and is based on Ecofining technology developed and patented by Eni.

The ‘Green’ refinery process will start with an initial conversion of existing facilities which will be launched in the second quarter of 2013 and completed by the end of that year. Biofuel production will start from 1 January, 2014 and will grow progressively as the new facilities enter into operation. The new facilities to be built under the project will be completed in the first half of 2015.

The activities of the ‘Green’ refinery will see construction of a new logistics centre. The investment programme and activities on the industrial production site will also allow Eni to maintain significant use of all individual business activities related to the refinery.

The ‘Green’ refinery process is based on distinctive environmental technologies which are highly compatible with Eni’s continued commitment to research and innovation. It will make the Venice site a model of technological excellence and will represent a solid business within Eni’s scope of activities.

© WOC News

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