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Chemical Week Magazine :: Newsbriefs
Borealis R&D loan
March 17, 2014
Borealis has received a €150-million ($208.5 million) loan from the European Investment Bank (EIB; Luxembourg) to finance research activities on plastic materials, Borealis and EIB say. The loan supports Borealis’s multiannual investment program at the company’s innovation headquarters in Austria and innovation centers in Finland and Sweden, the company says. The cost of the investment is about €300 million, the bank says. The project focuses primarily on product innovation in advanced...
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