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The UK National Wealth Fund committed £43.5 million in direct equity to Pulpex, which will build a commercial-scale fibre bottle plant near Glasgow producing 50 million bottles per year. The Scottish National Investment Bank adds £10 million, bringing total funding to £62 million, and 35 jobs are expected.
“This latest NWF investment is welcome news, creating jobs, sustainable growth and opportunity in Scotland.”wired-gov.net
Summarized from public sources; check the original articles before acting on it.