Intesa Sanpaolo finances Selene Spa’s circular economy project
Intesa Sanpaolo is supporting the circular economy projects of the Lucca-based company, Selene Spa, with €2.5 million and, specifically, financing an innovative recycled polyethylene granule production plant, which will enable:
- the extraction of fossil products intended for the production of virgin plastic to be drastically reduced
- CO2 emissions to be limited
The loan, with funding made available by the European Investment Bank (EIB), is part of a series of solutions devised by Intesa Sanpaolo to support projects with the goal of climate neutrality or integration in a circular economy process, consistent with the European Green Deal.
Selene Spa is a leading company in the production of flexible plastic packaging in polyethylene for industrial use and has been committed for many years to reducing the environmental impact of its production processes.
Last updated 10 August 2023 at 14:39:23