Global Trade Alert
Global Trade Alert

United Kingdom: National Wealth Fund and Scottish National Investment Bank announce funding for a packaging facility

Announcement

19 Feb 2025

In February 2025, the UK’s National Wealth Fund and the Scottish National Investment Bank announced financial support for Pulpex to support the construction of a commercial-scale fibre bottle manufacturing facility in Scotland.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Feb 2025

Revocation date:

No revocation date

Updated: 19 Feb 2025
Equity stake In force

On 19 February 2025, the Scottish National Investment Bank announced a GBP 10 million (USD 12.6 million) equity support for Pulpex Limited, a sustainable packaging technology company. The funding w...

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Updated: 19 Feb 2025
Equity stake In force

On 19 February 2025, the UK’s National Wealth Fund (NWF) announced a GBP 43.5 million (USD 54.8 million) direct equity support for Pulpex Limited, a sustainable packaging technology company. The fu...

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