| Programme | Business Development |
| Selection | Open project |
| Competition title | The open call “Application of green industry innovation and ICT products and technologies” |
| Donorstate/international project partner | “Ofreco” AS |
| Project national Nr. | AK-IES/39 |
| GrACE project Nr. | LV-INNOVATION-0052 |
| Contract No. | NP-2023/9 |
| Contract Date | 19.04.2023 |
| Project title | Establishment of extruded foam (XPS) board factory |
| Project promoter | SIA "GreenDeck" |
| Start of project eligibility | 01.04.2023 |
| Project end | 30.04.2024 |
| Total eligible costs | 1 229 100.00€ |
| Grant financing | 509 935.15€ |
| National co-financing | 89 988.56€ |
| Project promoter co-financing | 659 176.29€ |
| Project status | In implementation |
| Project goal/description | The aim of the project is to increase the competitiveness of SIA "GreenDeck" by introducing green innovation and starting to produce energy efficient thermal insulation board material – extruded polystyrene foam, in which the main raw material is recycled plastic packaging waste. |
| Implementation place | Vidzeme |
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