Oxaquim receives assistance from the European Regional Development Fund for its investments.

Oxaquim receives assistance from the European Regional Development Fund for its investments.
Oxaquim receives assistance from the European Regional Development Fund for its investments.
01/10/2018

Oxaquim receives assistance from the European Regional Development Fund for its investments.

Thanks to the project supported by the line of energy saving and efficiency grants in PYME and large companies in the industrial sector, co-financed by the European regional development fund (FEDER) and managed by the IDAE under the national energy efficiency fund, Oxaquim, SA has been benefited with an economic aid to make investments to improve its production process in its facilities in Alcañiz with the aim of achieving a cleaner and more sustainable economy, this aid received has been 22.247,91 €.

This investment consists in the renewal and improvement of a part of the Oxalic Acid production process that began in 2016 to increase production, to carry out this investment Oxaquim destination close to 4.200.000 €.

This aid is included within the aid program of the national energy efficiency fund, the annual energy savings obtained with the performance of this action is 23,07 tep/year.