Ecoat to invest in its production assets
Ecoat has successfully closed its financing round of EUR 10 million. This financing round will be dedicated to extend the production capacity. The new production line will remain on the chemical cluster Osiris located close to Péage de Roussillon, France.
Founded in 2011, Ecoat develops technologies for the coatings industry reducing the dependency towards fossil resources and solvent usage. Based in France, Ecoat sells its products worldwide. To fulfill the growing demand, Ecoat plans to invest in the manufacturing asset doubling its capacity thanks to a new production line, a full automation of the existing facility and the addition of low carbon emission innovative technologies.