People & Business :: Emerging Companies
Turkish firm receives €10-million EBRD loan
11:38 AM MST | February 12, 2014 | Francinia Protti-Alvarez
Nedex (Istanbul), a producer of specialty chemicals, has received €10 million ($13.6 million) in European Bank for Reconstruction and Development (EBRD; London) funding, the bank has announced. The loan is aimed at helping Nedex continue developing products that help businesses and households save energy, the bank says. Family-owned Nedex makes chemical products used in the manufacture of insulated glass units, such as double- and triple-glazed windows. Products include molecular seals, polysulfide sealants, and warm-edge spacers. Nedex products are...
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