Chimcomplex SA Borzești has launched the "Investing in innovative green technology to produce new environmentally friendly polyols at Chimcomplex" project. The project, co-financed by the "Business Development, Innovation and SMEs" program, aims to increase Chimcomplex's competitiveness by investing in innovative technology to produce eco-friendly polyols. The project will optimize production, adapt formulas to meet customer needs, and enhance the usability of existing infrastructure. It is being carried out in partnership with International Development Norway, with the goal of reducing the company's carbon footprint and promoting circular economy principles. The project has a total eligible value of 2,431,000 Euro, with 1,215,000 Euro in non-reimbursable financial assistance.
Chimcomplex SA Borzești is running on the Râmnicu Vâlcea platform, starting with April 19, 2022, the "Investing in innovative green technology to produce new environmentally friendly polyols at Chimcomplex" project. The project is co-financed under the "Business Development, Innovation and SMEs" program, concluded with Innovation Norway as a program operator.
The total eligible value of the project is 2,431,000 Euro, of which the non-reimbursable financial assistance is 1,215,000 Euro. The project implementation period is up to 22 months.
The overall objective of the project is to increase the competitiveness of Chimcomplex by investing in innovative technology to produce new polyols with the ecological component. The project aims to promote and optimize the production of special polyols including validation together with customers, adapting the formula according to their specific needs and increasing the usability of the existing production infrastructure.
The project is carried out in partnership with International Development Norway – a Norwegian organization with over 20 years of experience in international projects for the development of good practices in the field of eco‐business. The partnership will contribute to the development of a sustainable concept to increase the competitiveness of Chimcomplex, reduce the carbon footprint in production processes and transform its activities following the principles of the circular economy.