Notification of funding for 2 new meltblown lines
One of the declared aims of the Federal Ministry of Economics and Energy (BMWi), Berlin/Germany, is to establish a mask industry in Germany and thus minimize the dependence on foreign supply chains.
Innovatec is a leading global producer of meltblown nonwovens, which are required for the production of effective protective masks. The German Federal Ministry of Economics supports the purchase of 2 meltblown lines at Innovatec with a state subsidy of 30%. The investment sum Innovatec is making in the purchase of the 2 lines amounts to more than €11 million.