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Investment Plan in Poland: €67.5 million for sustainable development of chemical company

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Thanks to the guarantee by the European Fund for Strategic Investments (EFSI), the European Investment Bank (EIB) can now increase its loan agreement with Polish chemical company PCC Rokita to €67.5 million. The newly unlocked funding will further support the company's upgrade towards a more environmentally friendly and sustainable production as well as the building of its new innovation centre and demonstration plant. It will also help maintaining jobs and growth during the COVID-19 crisis.

Economy Commissioner Paolo Gentilon said: “Thanks to the Investment Plan for Europe, the EIB will build on its successful cooperation with Polish chemical company PCC Rokita. The additional funding will help the company to continue shifting its production towards renewable and low-emission materials and expanding its innovation and development activities. In short, yet another European investment that is good for the climate and good for jobs.”

The press release is available here. The Investment Plan for Europe has so far mobilized €535 billion of investment across the EU, including €22.8bn in Poland. 

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