Eni Announces Business Branch Of Refining Evolution & Transformation Subsidiary Transformed Into Eni Industrial Evolution

Benzinga · 5d ago

Eni announces that, as of January 1, 2026, the business branch of the Refining Evolution & Transformation unit has been transferred to the new company Eni Industrial Evolution S.p.A., which will aim to ensure the management of traditional assets (refineries and depots) in Europe and the Middle East and to consolidate the path of industrial transformation, also from a circular economy perspective, through the development of new industrial supply chains.

The transaction, which entails the optimization of management and the simplification and acceleration of processes characterizing the businesses involved, is part of Eni's strategy to ensure a fully decarbonized energy offering both in production processes and to consumers, seizing the opportunities and growth prospects offered by the energy transition.