“Beyond oil, towards a bioeconomy: the Bio-Refinery integrated in the territory” was the topic of a meeting organized by Novamont S.p.A. at their headquarters in Novara, Italy in October of 2006. On the occasion of the opening of their new premises in Novara, Novamont announced the launch of their so-called “Green Bio-Refinery” in Terni, Italy. Once the plant is working at its full capacity, scheduled for 2008, Novamont will reach an annual capacity of 60,000 tonnes of bioplastics, which are completely biodegradable, can be used as fertilizers and have a limited environmental impact throughout their cycle of life, as the company stated during the meeting.