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Europe Daily Bulletin No. 11049

29 March 2014
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Green light for French IFMAS financing

Brussels, 28/03/2014 (Agence Europe) - On Thursday 27 March, the European Commission gave the go-ahead to French state aid for the IFMAS public-private partnership for the development of plant-based plastics and bio-based paints. In 2013, France submitted details of its plan to provide €43.65 million of aid in the form of a grant and a capital injection into SAS IFMAS. The procedures used by the company will make a significant reduction in carbon dioxide emissions. The Commission says the...

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