Keith Nuthall
THE EUROPEAN Commission has launched a formal investigation into proposals from the German government to grant Euro 92.71 million to a new company, Capro Schwedt GmbH, for the setting up of a plant in Schwedt, Brandenburg, to produce synthetic fibre production staple caprolactam. Although the total cost is Euro 331 million, the Commission fears that many details are unclear. In particular, three companies that are to cooperate with Capro's Italian owner, fibre producer Aquafil, are currently publicly-owned shells, for future sale to large ...

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