The European Investment Bank (EIB) is partnering with specialty chemicals leader ALTANA, providing a new credit line of up to €300 million to fund sustainable research and development from 2025 to 2028.
The investment aims to drive innovative solutions that make everyday products more sustainable, targeting reductions in greenhouse gases and volatile organic compounds, avoiding critical substances, and promoting responsible water use.
The financing will be released in two tranches: €100 million from December 2025, followed by €200 million in the first quarter of 2026. The long-term support enables ALTANA to advance its innovation and sustainability strategy while continuing to contribute to climate and resource protection.
“The renewed cooperation with the EIB represents an important strategic step for ALTANA," said ALTANA CFO Stefan Genten. "The financing enables us to consistently advance our innovation and sustainability strategy and further strengthen our leading position in the field of future-proof specialty chemicals.”
Claudia Uhlich, Head of Group Treasury, highlighted the benefits of the partnership: "The EIB financing not only offers us extremely attractive terms, but also a high degree of flexibility. We particularly value the trusting, collaborative partnership with the EIB, which contributes significantly to the success of our sustainable transformation."
The move comes on the heels of ALTANA earning a Platinum rating in the latest EcoVadis sustainability ranking, placing the company in the top 1 percent of all companies assessed worldwide.
Jean-Christophe Laloux, Director General of EU Lending and Advisory Operations at the EIB, praised the collaboration.
“ALTANA impressively demonstrates how investment into research and innovation secures long-term industry leadership and sustainable growth.
"With our long-standing partnership, we are proving the strength of genuine collaboration: together we are turning pioneering ideas into concrete solutions for climate and resource protection – and ensuring that German and European industry remains at the global forefront of innovation in the future as well.”
