Matrica, the joint venture of Novamont and Versalis planned the international open day

The joint venture of Versalis and Novamont, Matrica in Porto Torres hosted the International open day last week. The 3rd bio-economy conference took place in Turin so that the European stakeholders can have an opportunity of utilizing the modern technologies and edible oils for better developmental projects. In the entire program planned for Porto Torres project, various factors like the polymers, esterification facilities and rubbers additive plants have been planned to go on during coming few weeks.

Read full story about this matter here at – http://bio-based.eu/news/matricas-flagship-plants-go-international-european-stakeholders-open-day/

In 2011, this project was started with the goal of conversion of petrochemical plant into the totally new and integrated eco friendly industrial project on international level. Matrica, the owner of this project has reached the world class level bio-monomer unit bearing 7 pilot units. Now, the company owns about 3 plants having full capacity of about 70K tons per annum; the venture represents investment of about 180 millions Euro. A wide range of products are manufactured by the company including bio-lubricants, cosmetic formulas, plasticizers and tyres etc.

The international open day of the company had been hosted by the chairman Daniele Ferrari, Deputy Head of Biotechnologies Unit, Barend Verachtert and CEO of the company Catia Bastioli; all of them offered the chance of looking over the pioneer approach for representation of the project.

Matrìca starts bio based chemistry venture based on thistles

Matrica SpA of Italy launched the first biochemical plants officially for conversion of vegetable oils into monomers. Planning is here to launch similar kind of 2 more plants soon in Porto Torres for using the oil from thistles. For production of oil monomers, plasticizers and other bioproducts are used as base products. Thistles are employed for the manufacturing of honey during flowering stage while stem is used in biocomposites. All these three plants will be subjected for an overall investment of about 244 million dollars according to the statement of the company. These plants are capable of raising total production of 70 thousands metric tons annually.

Read full story on this here at - http://www.plasticsnews.com/article/20140618/NEWS/140619897/matr-ca-opens-bio-based-chemistry-project-based-on-thistles

Matrica is partner of 50:50 percent with Versalis and Novamont; both of these companies are respectively Italian petrochemical products’ manufacturer and the international bioplastic group. This joint venture utilizes a proprietary technology which will be more advance than existing technologies. According to Catia Bastioli, the managing director of this new venture, these plants have not been designed to use ozone during oxidative scission reaction; in this way azelaic acid and pelargonic acid is produced as intermediate products. The entire process of vegetable oil development is environment friendly.