An agreement was signed today between INEOS Inovyn and Esseco Industrial for the sale of INEOS Inovyn’s shareholding in INOVYN Produzione Italia SpA, which operates the Rosignano site in Tuscany and the Tavazzano site in Lombardy. These plants produce chemical substances that form the backbone of strategic sectors, including pharmaceuticals, energy, water treatment, food, defense, and construction.
The Rosignano site (Livorno) is the largest chlor-alkali facility in Italy, producing caustic soda and chlorine and employing over 160 people. The Tavazzano site (Lodi) produces sodium hypochlorite and employs more than 25 people.
The transaction is subject to customary regulatory approvals and, if approved, is expected to close in 2026. Until then, both sites will continue to be managed by INEOS Inovyn with no changes to existing agreements with customers and suppliers. The R&D activities at Rosignano will be carved out and will remain under INEOS Inovyn’s control, subject to any consultation procedures required by applicable regulations.
“This acquisition will allow us to further strengthen our chlor-alkali division, Altair Chemical, doubling our production capacity and expanding our presence in the European market across both sodium and potassium derivatives. Through targeted optimization projects, the production sites will be progressively integrated and specialized, improving overall efficiency to better serve both domestic and international customers. The Tavazzano site will also take on the role of a logistics hub for Northern Italy,” said Francesco Nulli, CEO of Esseco Group and Chairman of Esseco Industrial.
“In a particularly challenging environment for the European chemical industry—marked by high energy costs, even more burdensome in Italy, and increasing competitive pressure from large international players—Esseco Industrial continues to pursue its strategic growth, optimization, and operational excellence with determination. Transactions like this are essential to strengthen our industrial scale and remain competitive in a landscape dominated by global operators. We will continue to invest in Italy and in the regions where we operate, reinforcing our industrial footprint, reducing dependence on imports, and optimizing organization, service, and production quality to meet the highest market standards.”
