# Versalis invests €80M in elastomers production at Ravenna site

Versalis plans to invest €80 million by 2023 to increase production capacity of thermoplastic rubbers, polybutadiene, and SBR at its Ravenna industrial site. Administrative authorizations have been requested from the Ministry of Environment and Energy Security.

- Type: Investment
- Announced: 2023-04-12
- Where: Ravenna, Italy
- Value: $88.0M (80.0M EUR)
- Status: announced
- Products: thermoplastic rubbers, polybutadiene, SBR
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Versalis](https://endata.com/companies/10520.md)

## Sources

- [chemxplore.com](https://chemxplore.com/news/versali-investment-highly-specialized-elastomers-production-ravenna-italy), 2023-04-12: "Versalis is set to invest €80 million by 2023 to enhance the Ravenna industrial site, a key location in the elastomers production chain."
- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2093232/versalis-to-invest-in-ravenna-elastomers-plant), 2023-04-14: "Versalis is preparing to increase production capacity for 'high-added-value' elastomers at its Ravenna site"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.