# EIB provides additional €22.5 million loan to PCC Rokita for expansion and innovation

The European Investment Bank has granted PCC Rokita an additional €22.5 million loan, increasing total financing to €67.5 million, to support the company's modernisation plans and construction of a Process Innovation and Scaling Centre, with total investments valued at €110.5 million.

- Type: Investment
- Announced: 2020-09-28
- Where: Poland, Poland
- Value: $26.5M (22.5M EUR)
- Status: announced
- Products: polyols, phosphates, phosphites, propylene oxide
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [PCC Rokita](https://endata.com/companies/16576.md)
- [European Investment Bank](https://endata.com/companies/10295.md) (investor)

## Sources

- [wired-gov.net](https://www.wired-gov.net/wg/news.nsf/print/Poland+EIB+provides+additional+support+to+chemical+company+PCC+Rokita+09102020092500), 2020-10-08: "The additional funding will help the company to continue shifting its production towards renewable and low-emission materials and expanding its innovation and development activities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.