A high-tech enterprise specializing in the production, sales and service of new polymer materials,
engineering plastics, nylon plastic parts, and polyester yarns

European investment bank postpones decision on whether to suspend financing of fossil fuel projects

Werner Hoyer, the bank's governor, urged the bank to take the lead in funding sustainable projects and proposed in July to stop issuing fossil fuel loans by the end of 2020. However, Germany is the largest economy in Europe and the largest shareholder of the European Investment Bank. It is hoped that the Bundesbank will continue to fund natural gas-related projects.