Eni Partners Lombardy Government in Waste-Reduction Solutions
July 01 2019 - 10:20AM
Dow Jones News
By Maitane Sardon
Eni SpA (ENI.MI) has signed a collaborative agreement with the
Italian region of Lombardy to roll out circular economy solutions
as part of the energy company's goal to reduce waste, it said
Monday.
One of the agreement's initiatives will be to carry out studies
on optimizing the management of urban organic waste or the recovery
of biological mud and plastic waste through recycling
technologies.
The two parties will develop models for collecting and
recovering used domestic oils for biofuel production, and for the
recovery and reuse of industrial or domestic water.
Eni said they may also introduce renewable energy production
initiatives in industrial areas that are being redeveloped or have
already been upgraded.
With regards to mobility, both bodies will work on identifying
ways to reduce greenhouse gas emissions and to improve the
efficiency of private cars, public transport and car sharing, it
said.
Over the next four years, the company said it will invest over
950 million euros ($1.08 billion) to develop circular industrial
solutions and another EUR220 million in research and
development.
Write to Maitane Sardon at maitane.sardon@dowjones.com
(END) Dow Jones Newswires
July 01, 2019 10:05 ET (14:05 GMT)
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