Agreement between Ecoslops and EIB for sustainable sea transport

EPA/NICOLAS BOUVY

(FILE) A file photo dated 15 December 2008 showing an exterior view of the European Bank of Investment in Luxembourg. The European Investment Bank has put on hold lending to the German carmaker Volkswagen, amid concerns that a previous loan may have played a role in its emissions scandal, the president of the European Union's lending arm Werner Hoyer says 14 January 2016. 'For many, many years we have been active in high-tech research and development with Volkswagen,' Werner Hoyer said in Brussels. 'We were astonished, disappointed and we are now concerned about the allegations, including indications by senior company executives of improper and possibly fraudulent behaviour by Volkswagen.'

Agreement between Ecoslops and EIB for sustainable sea transport


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The European Investment Bank signed a €18 million agreement with the French company Ecoslops, dedicated to develop innovative technology to regenerate oil residues into new fuels and light bitumen.
The loan is aimed to help finance the construction of plants in Marseilles and Antwerp, and to foster sustainable sea transport. It consists of two tranches of €10 million and €8 million.

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