CB&I announced Thursday a cooperation agreement by which
CB&I will market and provide engineering services for
Versalis' low density polyethylene (LDPE) and ethyl vinyl
acetate copolymer (EVA) technologies in North America.
CB&I says it will be able to offer both tubular and
autoclave high pressure processes, which will enhance the
range of products at Versalis' LDPE and EVA plants and add a
high-quality product mix to meet any market needs.
"The LDPE and EVA technologies complement our olefins
processes and our Novolen polypropylene technologies," said
Daniel McCarthy, president of CB&I's technology
"Versalis has vast experience in petrochemicals
and polymers, and
CB&I is already partnered with them for other petrochemicals
processes. This expansion
of our cooperation is a
testament to our successful relationship."
LDPE and EVA are used to produce film applications for
agriculture, packaging and stretch hoods, cables, foams,
hoses, injection molding and extrusion coating.
"The marketing of our LDPE and EVA through our partnership
with CB&I by means of their significant presence
in the petrochemicals
has come to be part of the strategy Versalis is
pursuing to strengthen its positioning on the international
marketplace and gives the opportunity to enhance and expand
our technological footprint paired with high-quality
standards," said Versalis CEO Daniele Ferrari.