Northvolt secures state aid for Heide battery plant; Sonatrach looks to finance petchem project; Gerald Group closes annual RCF
In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
Northvolt has secured €902 million in support from the German government for a new battery production plant in the city of Heide
A new joint venture between Sonatrach and Ronesans is looking for €1 billion in financing to support a new petrochemicals facility
The metals trader Gerald Group has closed its annual revolving credit facility at $185 million
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