- INEOS Inovyn has signed an agreement for the sale of its shares in INOVYN Produzione Italia SpA, which operates the Rosignano and Tavazzano sites in Italy, to Esseco Industrial.
- The transaction remains subject to the customary regulatory approvals and is expected to be completed during 2026.
- Until the completion of the transaction, INEOS Inovyn will continue to manage both sites, with no change to existing customer or supplier arrangements.
- Stephen Dossett, CEO of INEOS Inovyn, said: “Rosignano and Tavazzano have been a valued part of INEOS Inovyn, thanks to the commitment, professionalism and strong safety culture of the people who work there. The sale to Esseco Industrial follows a strategic review of our European asset base and does not impact our core operational activities. The sale allows Inovyn to focus on its highly integrated, leading European PVC and Chlor-alkali businesses. We are confident that under Esseco’s ownership the sites will continue to grow and succeed in the years to come”
INEOS Inovyn has today signed an agreement for the sale of its shares in INOVYN Produzione Italia SpA, which operates the Rosignano and Tavazzano sites in Italy, to Esseco Industrial.
The Rosignano and Tavazzano sites in Italy produce essential chemicals that underpin critical sectors, including pharmaceuticals, energy, water treatment, food, defence and construction.
The site at Rosignano is Italy’s largest domestic chlor-alkali plant, producing caustic soda and chlorine, which employs over 160 staff. Tavazzano produces sodium hypochlorite and employs 25 staff.
The transaction, which remains subject to the customary regulatory approvals, is expected to be completed during 2026. Until then INEOS Inovyn will continue to manage both sites, with no change to existing customer or supplier arrangements.
INEOS Inovyn’s R&D activity based in Rosignano will remain with INEOS Inovyn and will be carved out, subject to any consultation process required by applicable law.
Esseco Industrial is the industrial holding company of Esseco Group, an Italian industrial group now in its fourth generation with a history spanning over a century. Operating in 10 countries with 8 production sites, including its chlor-alkali facilities in Pieve Vergonte and Saline di Volterra. Esseco Industrial employs approximately 725 people and serves 2,500 customers, offering products and services for the organic and inorganic chemical industries, with a specialization in sulfur derivatives and chlor-alkali.
Piper Sandler served as our exclusive financial advisor on this agreement.
ENDS
Media Contacts
INEOS Inovyn | +44 (0) 7766 990756 | Paul.Tuohy@ineos.com
INEOS PR | +44 (0) 207 193 9030 | ineos@firstlightgroup.io
Note to Editors
About INEOS Inovyn
INEOS Inovyn is Europe's largest producer of chlorvinyls and the global leader in speciality PVC. We deliver products that are essential for modern life, from construction and automotive, to healthcare and renewable energy. Our business is committed to play a key role in the Net Zero transition, through offering low greenhouse gas products and developing new technologies for recycling PVC.
With annual sales of €3 billion, INEOS Inovyn employs circa 4,000 people and has manufacturing, sales and marketing operations in 8 countries across Europe. Our portfolio consists of an extensive range of best-in-class products arranged across General Purpose Vinyls, Specialty Vinyls, Organic Chlorine Derivatives, Chlor-Alkali, Hydrogen and Performance Chemicals. INEOS Inovyn's annual commercial production volume is approximately 9 million tonnes.
About INEOS
INEOS is one of the world’s largest chemical producers and a significant player in the oil and gas market. Learn more about who we are, today.
See inovyn.com and ineos.com for more details.