According to EIB website, the project is for the financing of the construction of a greenfield polyacrylamide production facility in Dunkirk as well as RDI investments for the period 2019-2022. The project aims to:
1. Expand Dunkirk polyacrylamide (PAM) production capacity to further pursue high growth markets and internal volume growth in order to increase revenue and achieve economies of scale
2. Continue the development of specific products in line with customers' need and to maintain its technical leadership and expand to new markets.
S.P.C.M. SA, through its subsidiaries, designs, manufactures, and sells chemical products. The company provides polyacrylamide (PAM), a water-soluble specialty chemical used in water treatment, mineral extraction, pulp and paper manufacturing, and other industries, as well as in oil and gas applications, including enhanced oil recovery. It also offers related specialty chemicals, such as coagulants, which are primarily used in water treatment and monomers; dispersants used in the paper, household products, and mining industries; mining reagents, which are used in the minerals processing industry; and equipment that facilitates the utilization of PAM.
No contact information provided at the time of disclosure.
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