EIB loans to help SME's cope with costs of REACH registrations

Manchester, UK - Companies can gain financial help to meet costs associated with registering materials under the REACH chemicals safety regulations, according to Chemicals Northwest. The support, it said, is available from the European Investment Bank (EIB), under its Euro30-billion allocation to assist SMEs weather the present financial storm

The position was confirmed by a DEFRA official at a meeting of the Chemicals Stakeholder Forum on 27 Oct, according to a Chemicals Northwest report.

"At the last board meeting of the European Chemicals Agency (ECHA), European Commission representatives said they had asked the EIB if REACH costs were eligible, and received the answer that they were," said the report.

Further information about the Euro30bn funding for SMEs is available via the EIB link.