Porto Marghera plant to boost green tech
The SIAD Group has announced a major €50 million investment to construct a new production facility for large air separation units (ASUs) at Porto Marghera in Venice.
The plant, operated by SIAD Macchine Impianti, the group’s engineering division, is scheduled for completion in 2026 and aims to serve growing international demand for industrial gas systems.
“This project demonstrates our confidence in the Italian and European economic system,” said Bernardo Sestini, chair and chief executive of SIAD Group.
“The investment will generate value throughout the supply chain and support the growth of decarbonisation technologies. It’s also a powerful opportunity for job creation and training for skilled workers.”
The new plant will bolster SIAD’s capabilities in producing large-scale ASUs for generating nitrogen, oxygen, and argon – key components in emissions-reduction and hydrogen economy applications. The strategic location within the Port of Marghera, equipped with direct sea access, will streamline international shipping, allowing the heavy equipment to be loaded directly onto vessels.
Beyond production halls, the site will include office space, service buildings and improved infrastructure. The initiative is part of SIAD’s broader expansion, including other projects in Bergamo and abroad, aimed at scaling up its engineering footprint.
Port authorities welcomed the investment as a boost for regional industry and sustainable logistics. “The positive trend continues for Porto Marghera,” said Fulvio Lino Di Blasio, president of the North Adriatic Sea Port Authority.
“This project confirms Venice’s leadership in project cargo shipping and highlights how combining sea access with industrial space attracts high-value manufacturing.”