Industrial Policy & Trade Monitor· 2666 actions· ✨ 90 recent

The Asian Development Bank signed a USD 50 million (approximately CNY 353.63 million) green loan with Shouguang Luli Wood Inc, a subsidiary of China's Luli Group and one of the country's largest oriented strand board (OSB) producers, to finance construction of a new OSB factory, associated facilities, and a captive biomass power plant in Jiangxi Province, plus working capital. Global Trade Alert logs the transaction as a "red" (certainly harmful) state-linked lending-support intervention on the standard grounds that below-market multilateral development-bank financing to a named commercial producer competing internationally is a potential trade- and competition-distorting subsidy. ADB frames the project around circular-economy forestry: the OSB furnish is sourced from wood waste, branches, and smallholder-grown fast-rotation timber (~10% bamboo) rather than old-growth timber, with production waste fuelling the on-site biomass plant.

The Canada Infrastructure Bank closed a CAD 24 million (approx. USD 18 million) loan to the Onimiskiw Opitciwan Limited Partnership, owned by the Atikamekw of Opitciwan First Nation in Northern Quebec, to build and operate a 4.8-megawatt biomass cogeneration facility. The plant will burn bark, sawdust and woodchips from an adjacent sawmill to generate electricity and process steam, displacing an estimated 4.6 million litres of diesel per year and cutting over 11,000 tonnes of emissions annually for the remote, diesel-dependent community of 2,500 people.

The European Investment Fund (EIF), part of the EIB Group, committed EUR 75 million (~USD 87.8 million) on 21 July 2025 to Serena Infra II, an infrastructure growth fund managed by Spain's Serena Industrial Partners targeting a EUR 250 million final close. The fund will deploy EUR 25-30 million equity tickets into eight to ten early-stage European infrastructure projects in biogas/biomass, water systems and modern mobility — segments often overlooked by conventional financiers due to early-development risk. The commitment is backed by the EU's InvestEU programme. Global Trade Alert separately logs the transaction as a "red"-flagged state-linked financial investment-support intervention.

The Government of Quebec, through Investissement Québec and the Ministry of Environment, Climate Change, Wildlife and Parks, announced CAD 34 million in combined state loans, debentures, own-funds investment and environmental grants to Galv-Éco for construction of an eco-responsible hot-dip galvanizing plant in Saint-Urbain, Charlevoix. The CAD 77 million facility will host Canada's largest zinc immersion tank, process up to 50,000 tonnes of steel annually, and use biomass and hydroelectric heating rather than fossil fuel. The plant is expected to create 95 jobs and begin operations in early 2026.

Spain's Ministry of Industry and Tourism (MINCOTUR) provisionally approved EUR 90 million in grants across five industrial-decarbonisation projects under Line 4 of the PERTE Descarbonización (Spain's Recovery-and-Resilience-Plan-funded strategic decarbonisation programme). The largest award, EUR 60 million, went to Hydnum Puertollano (Ciudad Real) for a green-steel mill; other recipients were Biotérmica Villanueva (EUR 12m for a biomass plant converting orange waste to energy in Huelva, plus EUR 4.6m for an olive-pomace renewable-energy plant in Lebrija, Sevilla), Alier (EUR 9.6m, sustainable recycled-paper production in Zaragoza), and Cimsa Cementos España (EUR 3.7m, emissions reduction in Buñol, Valencia cement manufacturing). The announcement, made by Industry Minister Jordi Hereu on 23 April 2025, brought total PERTE Descarbonización disbursement to approximately EUR 570 million across 93 projects nationwide.