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SoftOx Solutions AS — Capital/Financing Update 2020
Mar 25, 2020
3747_rns_2020-03-25_e154198e-a581-4707-8bbb-692591230789.html
Capital/Financing Update
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Innovation Norway supports SoftOx with a loan of NOK 6 million to increase production capacity of the company's fully virucidal hand disinfectant
Innovation Norway supports SoftOx with a loan of NOK 6 million to increase production capacity of the company's fully virucidal hand disinfectant
Innovation Norway supports SoftOx with a loan of NOK 6 million to increase production capacity of the company's fully virucidal hand disinfectant
In order to respond to increased demand for hand disinfectants, Innovation Norway has granted SoftOx Solutions AS a loan of NOK 6 million.
The new line is in ongoing discussions, and will be purchased shortly. This is in addition to the existing production line being tested currently.
More information on production capacity and volumes will follow after tests have been carried out on the existing line and the projection of the new project is finished, which is expected to be in the near future.