Brussels, 14/11/2002 (Agence Europe) - The European Commission has requested Germany to reduced the amount of aid it intended to grant to Capro Schwedt GmbH (Aquafil Group, Italy) for the construction of a new caprolactam complex. The European Commission decided that the aid proposed by Germany in favour of the Capro Schwedt GmbH for the construction of a new caprolactam complex (caprolactam is the main input material for the production of synthetic fibres) exceeds the maximum amount allowable under the specific rules for regional state aid to large investment projects. According to Germany the eligible investment cost is € 331 million and the project will create of 528 direct jobs. The total proposed aid intensity was 28%, which is the regional ceiling for large undertakings in the assisted area. The Commission has now concluded the investigation procedure and decided that as the caprolactam market is in relative decline (compared to the average of the manufacturing industry) the allowable aid should be set at 21.00% of the investment cost (that is three quarters of the level notified).