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The European Bank for Reconstruction and Development (EBRD) has released details about a €25m loan to Polinas Plastik, a flexible packaging producer in Türkiye.
Polinas Plastik will use the loan to enhance the energy efficiency of its production line. This will include the installation of solar panels.
A new production line for biaxially oriented polypropylene (BOPP) film will be included in the funding, alongside new machinery. To help power these investments, the fund will also contribute to Polinas Plastik’s integration of solar solutions into its operations.
In doing so, the company hopes to reduce its carbon emissions and increase its reliance on renewable energy.
EBRD’s announcement also notes that the solar initiative and funding will enable Polinas Plastik to produce fully recyclable packaging materials, via both recycled and bio-based content, reducing the company’s carbon footprint even further.
Polinas Plastik currently exports BOPP and other products to over 50 countries, who will have access to a product with reduced carbon cost. |
