According to the bank website, the project comprises a selection of the promoter's planned expenditures in research, development and innovation (RDI) focusing on more sustainable and efficient papermaking processes and machines. The project will be carried out primarily in the promoter's research and development (R&D) centres in Germany and, to a minor extent, in other R&D locations in the EU in the period 2021-2024. The financing supports the Promoter's research on reduced energy and water usage in the papermaking processes, on increased fibre yield with improved preparation processes, on the application of new manufacturing methods for increased efficiency and functionalities of products, as well as on technologies for a broader application of paper applications to replace plastic.
Voith is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, oil & gas, paper, raw materials and transport & automotive. A 100% family-owned company, the German firm is a holding company for four independent divisions that manufacture and distribute machinery and factory-related products.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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