Versalis: chemistry Eni closer to the sale after yesterday’s meeting at the Mise – Finanzaonline.com

Versalis, chemical company Eni Group, is going to be sold. The meeting yesterday at the Ministry of Economic Development has given a substantial green light. Trade unions confirm strike on January 20

It was held yesterday the table of comparison between the Minister of Development Federica Guidi, representatives of trade unions and the heads of Versalis Eni Group companies active in the chemicals sector in the odor of disposal. During the meeting the minister Guidi has undertaken to assess opportunities that ensure perspectives to chemical , a strategic sector for the country but also pointed out as Eni is a company autonomous. The government, therefore, will simply “follow closely the developments of the plan is to achieve a solid project that it prospects for growth and employment”.

A new meeting will be convened in the near future also considered the failure to reach an agreement with the social partners. The meeting was attended Susanna Camusso (CGIL), Carmelo Barbagallo (UIL) and Giuseppe Farina (CISL) who confirmed a strike of eight hours for employees of Eni and Saipem in the day of 20 January . The concern of unions is that the company is transferred into foreign hands. According to the rumors relaunched yesterday, between stakeholders at a sale that could rise to 70% of the share of Versalis , there would also be the American fund Sk Capital. Whose dimensions (1.5 billion investment from 2009 to date) may be insufficient to address the operation without resorting to debt capital. Hard to comment on that trade unions in the sector: “It is the dismantling of the Italian chemical ” is the judgment of Emilio Miceli, Angelo Colombini and Paolo Pirani, respectively secretaries general Filctem, Femca and Uiltec.

Eni confirms the need to find a partner with expertise and willingness adeguat and and the desire to maintain a significant stake in chemical plant who reported, after years of losses, positive results in first nine months of last year. “The scenario of the world and constantly evolving sector still shows structural limitations – reads a statement of the company – which require the identification of a partner to ensure continuity to the investment plan.”