NIB finances research into water efficiency
(Thomson Reuters ONE) -
The Nordic Investment Bank (NIB) has signed a loan agreement with Finnish water
chemistry company Kemira Oyj. The loan, totalling EUR 40 million, will be used
to finance research at the newly established Centre for water efficiency
excellence.
The centre aims to develop new technology to enhance efficient use and reuse of
water, as well as create more sustainable and energy-efficient solutions for the
water intensive industry. By concentrating water research in one place, the
centre seeks to develop unique water competence in Finland and help create new
business opportunities for companies in the environmental technology sector.
"Water is becoming an increasingly scarce resource that needs to be protected.
As a result of the research and development activities, Kemira can offer
competitive solutions and new technology to reduce water usage and increase
recycling and energy efficiency within the water-intensive industry," says
Johnny Åkerholm, the Bank's President and CEO.
Kemira is a global water chemistry company, focused on bringing innovation and
expertise to the water-intensive industries. By offering water quality and
quantity management solutions, it seeks to improve its customers' energy, water
and raw material efficiency.
The Nordic Investment Bank is the common international financial institution of
the eight Nordic and Baltic countries. NIB provides long-term financing to the
energy, environmental, transport, logistics and communications, and innovation
sectors for projects that strengthen competitiveness and enhance the
environment. NIB has the highest possible credit rating, AAA/aaa, with the
leading rating agencies Standard & Poor's and Moody's.
For further information, please contact
Mr Kim Krokfors, Senior Manager Origination, phone +358 10 618 0517,
kim.krokfors(at)nib.int
Ms Pamela Schönberg, Communications Officer, phone
+358 10 618 0294,pamela.schonberg(at)nib.int
[HUG#1449436]
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Source: NIB NORDIC INVESTMENT BANK via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 06.10.2010 - 12:15 Uhr
Sprache: Deutsch
News-ID 44344
Anzahl Zeichen: 0
contact information:
Town:
Helsinki
Kategorie:
Business News
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