January 14, 2026 [Storage Terminals Magazine]- Eni has announced 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.

Strategic Transformation

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

Asset Portfolio

As of January 1, the scope of Eni Industrial Evolution includes the refineries of Sannazzaro de’ Burgondi (Pavia) and Taranto, the stake in the Milazzo Refinery joint venture and the Livorno refinery, the Robassomero plant, the Research Center South in San Filippo del Mela, primary logistics assets – namely depots and pipelines – and shareholdings in Ecofuel S.p.A. and Costiero Gas Livorno S.p.A.

Developing New Supply Chains

The corporate operation aims to develop new supply chains in the field of industrial transformation, enhancing people’s expertise and the technologies developed in downstream activities, to ensure a future based on environmental, social and economic sustainability. Processing activities of raw materials and semi-finished products in the refineries, as well as the reception, handling, storage and delivery of products in refineries and depots, will be ensured through contracts between Eni and Eni Industrial Evolution, to which licences and authorisations, including customs ones, will be transferred.

Leadership

The chairman and chief executive officer of Eni Industrial Evolution is Umberto Carrara.