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 Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.