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Global Trade Alert

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Finland: Neste Corporation gets EUR 88 million funding from the EU's Innovation Fund

Description

On 16 November 2021, the European Commission provided a EUR 88 million (approx. USD 100 million) financial grant to Neste Corporation to finance its "SHARC (Sustainable Hydrogen and Recovery of Carbon...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Nov 2021

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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