By Giulia Petroni

 

Eni SpA said Monday that its chemical subsidiary Versalis SpA has signed an agreement with AlphaBio Control Ltd. to develop bio-based herbicides and biocides for the disinfection of surfaces.

The two product lines will be launched in Italy early next year, according to the Italian oil-and-gas major. The companies are currently researching new products to eventually expand their portfolio.

AlphaBio Control is a research-and-development company specialized in the production of crop-protection solutions.

The financial terms of the deal weren't disclosed.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

November 30, 2020 07:50 ET (12:50 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
ENI (NYSE:E)
Historical Stock Chart
From Dec 2020 to Jan 2021 Click Here for more ENI Charts.
ENI (NYSE:E)
Historical Stock Chart
From Jan 2020 to Jan 2021 Click Here for more ENI Charts.