Synthos gets PLN 147 mln EU financing

The European Commission has granted financing worth PLN 147 million to Polish chemical group Synthos for its new investment, the Ministry of Economy said in a press release on Monday. The project, carried out by Synthos Dwory 7, involves the construction of an innovative synthetic rubber production line in Oświęcim. The full value of the investment is PLN 589 million. It is set to create 162 new jobs. The EC has decided to co-finance the project as part of the Innovative Economy program.