EIB PLOTS EURO 34 MILLION LOAN TO CROATIAN PLASTICS COMPANY
April 1st, 2010
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is lending Euro 34 million to Croatian plastics company Dina Petrokemija d.d., to upgrade an existing vinyl chloride monomer plant and construct a new plant for the production of polyvinyl chloride (PVC). This expansion is designed to help the company - a subsidiary of Dioki d.d. - meet local and international demand for PVC. This is the first time that EIB funds have supported a larger project promoted by a corporation in Croatia. An EIB memorandum said the loan was designed to help ease the country's ...
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