Loading…
Versalis, the chemicals unit of Eni, agreed to buy Novamont, a bioplastics and biochemicals company backed by NB Renaissance. No deal value was given in the article.
Italian bioplastics maker Novamont acquired BioBag Group, a Norwegian supplier of waste collection and packaging, in a deal estimated at €30 million, reported on January 13, 2021.
Novamont forecasts doubling production capacity of its ORIGO-BI biopolyester range from 50,000 to 100,000 tonnes per year by April 2018.