Release date: 14 November 2024
Promoter – Financial Intermediary
PULPAC ABLocation
Description
The project will finance the promoter's research, development and innovation (RDI) programme in dry moulded fibre (DMF) technology over a 5-year period (2025-2029).
Objectives
The aim is to support the promoter's research, development and innovation (RDI) activities in developing its next generation of food service and retail products based on dry molded fibre (DMF) technology. PulPac seeks to improve efficiencies and support the market shift from plastics to fibre. The RDI activities will include, among others, development of expanded and enhanced standardised product portfolios, barrier and material development, blow and compression moulding, blister pack platform acceleration, as well as an innovation centre.
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 61 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).