New STMicroelectronics plant in Catania, from the EU 292.5 million. 700 jobs

The EU Commission has given the green light to aid for 292.5 million euros destined by Italy, as part of the PNRR, the construction of a plant for the production of semiconductors by STMicroelectronics. This was announced by Brussels.

The STM plant affected by the investment is that of Catania. The operation will strengthen the security of European supplies in the semiconductor field and is part of the actions foreseen by the European Chips Act. the semiconductor supply chain, an essential element to ensure the green and digital transition. Furthermore, she added the Commissioner, it will allow the training of highly qualified personnel, limiting the distortion of competition.

«The awaited news of the construction of the production plant in Catania for the construction of a silicon carbide wafer plant came this morning. The national management of STMicroelectronics has announced that the European Commission has approved, in accordance with the EU rules on state aid, the direct grant of 292.5 million euros in support of 730 million euros that the company will use for the construction of the ‘Sic project’ with the direct hiring of 700 people “. This was announced by the general secretary of the Fim Cisl of Sicily Piero Nicastro, who adds: «It is news that we have been waiting for for some time. For the Catania area it represents an important recognition that confirms the strategic role of the production site not only for STMicroelectronics but for the entire semiconductor sector in Europe. The expected 700 new jobs will mainly involve young people in the area. We hope that research and training collaborations with universities and technical institutes will increase in order to qualify the skills of workers and become a pole of excellence for the whole country ».

The semiconductor manufacturing process it will be completed in the same plant, where the entire value chain of the SiC substrate will be realized, from the production of the raw material to the manufacture of the SiC wafers. “Finally a concrete provision of the European Community – comments Massimiliano Nobis national secretary of the Fim Cisl – the first in our country after the announcement of the 2030 Digital Compass plan, which aims to produce one fifth of the chips of the world needs in Europe by the end of decade with a total investment of 20 billion euros. It is a measure which supports the processes linked to the green transition and which pays attention to employment ».

«The European green light for the strengthening of the STM of Catania is great news“. This is what the Minister of Economic Development Giancarlo Giorgetti affirms. “As Mise – continues Giorgetti – we have followed with attention and the utmost discretion the process that goes in the desired direction of Italian and European independence in the microelectronics sector, an objective to which Mise has worked with other initiatives, from IPCEI microelectronics 2, to development contracts and innovation agreements for the sector. Today we see the first fruits of this work and I am glad that it happens before I leave this exciting ministry. It is a first fundamental step towards an even bigger and more important project that aims to give Italy technological sovereignty ».

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About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

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