18
Mar
12:01
European Commission clears Polish state aid to LG Chem
Poland’s €95 million ($104.7m) state aid towards LG Chem’s battery plant expansion in the country has been cleared by the European Commission, Kallanish reports.
It found the investment will contribute to the development of the Dolnoślaskie region while preserving competition. An in-depth investigation started in August 2020 by the EC shows the public support had an incentive effect as, without it, LG Chem would have decided to expand production …
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Anonymous
Very good overview of the weekly steel market.
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