Industry News

GTC Technology, Neville Chemical JV to Provide C5 and HCR Technology for Versalis Plant in Italy

Signed strategic partnership agreement with Versalis (Eni) for the production of hydrocarbon resins

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Neville Venture, a joint venture between U.S.-based companies GTC Technology and Neville Chemical Co., has signed a strategic partnership agreement with Versalis (Eni) for the production of hydrocarbon resins at Versalis’s plant in Priolo, Italy. GTC also entered into a license agreement for producing the C5 feedstock, which will supply the resin facilities. These new, high-value products, synergetic in particular with Versalis’s elastomer business, are used in specialty applications such as adh...

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