Global Trade Alert
Global Trade Alert

Spain: Modelo De Upcycling Sostenible SL gets EUR 10.5 million grant from the EU's Innovation Fund

Announcement

04 Mar 2025

In March 2025, the European Commission provided a financial grant to Modelo De Upcycling Sostenible SL for the “MicrOwave Depolymerization UpScaling: Production of recycled PET and polyester from difficult to recycle waste of packaging and textiles through an innovative microwave depolymerization technology” project.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Mar 2025

Revocation date:

No revocation date

Updated: 04 Mar 2025
Financial grant In force

On 4 March 2025, the European Commission approved a EUR 10.5 million (USD 11.0 million) financial grant for Modelo De Upcycling Sostenible SL. The grant was provided for the company’s involvement i...

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