Versalis, Eni's chemical business, announces the completion of the acquisition of 100% of Tecnofilm, a company specialized in the compounding sector, following approval by the relevant authorities.

Tecnofilm manufactures functionalized polyolefins and thermoplastic compounds based on plastics and elastomers, mainly for the footwear and technical goods industries.

Tecnofilm has expanded its product portfolio over the years to offer a wider range of functional compounds and polymers for various industrial applications and technical articles.

Adriano Alfani, CEO of Versalis (Eni), commented: 'The acquisition of Tecnofilm reinforces Versalis' strategy of specialization. To this end, it offers the opportunity to broaden and specialize our product portfolio by integrating downstream supply chain activities in the field of elastomer-based compounding, particularly in the industrial and footwear applications sectors'.

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