Italy's oil and gas major Eni plans to invest 1 billion euros (US$1.37 bln) to revamp its outdated petrochemical site on the Italian island of Sardinia as per Reuters. Eni is ready to inject the funds in a project to make environmentally friendly products such as biodegradable plastic, on its loss-making Porto Torres site from 2011-2016.
31-Jan-11 
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