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EUR22 mn for CO2-based polyester fibre plant – 6 Feb 2023

Feb 06, 2023

Fabrics, a sustainable chemical company based in France, has raised EUR22 million to bring its solution to market, including EUR17 million from the European Union's Horizon 2020 Research & Innovation Program and EUR5 million from Partners to the Technology Upscaling Project. The technology is being developed to convert CO2 emissions into high-value polyester through a circular manufacturing approach.

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