- The project started on April 19, 2022, and will last up to 22 months.
- Total eligible project value is 2,431,000 Euro, with 1,215,000 Euro as non-reimbursable financial assistance.
- The project is co-financed under the 'Business Development, Innovation and SMEs' program by Innovation Norway.
- The project focuses on producing new environmentally friendly polyols and optimizing production.
Project Overview
Chimcomplex SA Borzești has initiated a project on the Râmnicu Vâlcea platform starting April 19, 2022, to invest in innovative green technology for producing new environmentally friendly polyols. The project is co-financed under the "Business Development, Innovation and SMEs" program, with Innovation Norway as the program operator.
Financial Details
The total eligible value of the project is 2,431,000 Euro, with 1,215,000 Euro provided as non-reimbursable financial assistance. The implementation period for the project is up to 22 months.
Project Objectives
The primary goal is to enhance Chimcomplex's competitiveness by investing in innovative technology to produce new polyols with an ecological component. The project aims to promote and optimize the production of special polyols, validate them with customers, adapt formulas to specific needs, and increase the usability of existing production infrastructure.
Partnership and Sustainability
The project is conducted in partnership with International Development Norway, a Norwegian organization with over 20 years of experience in international eco-business projects. This partnership aims to develop a sustainable concept to boost Chimcomplex's competitiveness, reduce the carbon footprint in production processes, and align activities with circular economy principles.
