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Image header Agence Europe
Europe Daily Bulletin No. 9286
Contents Publication in full By article 41 / 50
GENERAL NEWS / (eu) eu/state aid

Financial aid for Bavarian ethylene pipeline given go-ahead

Brussels, 13/10/2006 (Agence Europe) - On Thursday, the European Commission authorised a direct subsidy that the German Land of Bavaria is planning to grant EPS (Ethylene Pipeline Süd GmbH & Co. KG), a consortium of German petrochemical companies (BASF AG, Borealis Polymere GmbH, Clariant GmbH, OMV Deutschland GmbH, Ruhr Oel GmbH, Vinnolit Gmbh&Co KG and Wacker Chemie GmbH) for the construction of an ethylene pipeline. The planned aid amounts to 29.9% of the total eligible costs of the...

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