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Pegas Receives Research Grant

April 3, 2008

Pegas Nonwovens has won a state grant worth up to 25 million Czech crowns.

Pegas Nonwovens, Prague, Czech Republic, has won a state grant worth up to 25 million Czech crowns for a research project on a new generation treatment of nonwoven textiles. The project, in partnership with a Czech university and a private Czech company, will have a total budget of up to 70 million crowns between 2008-2011. The project is expected to enable commercialization of new products with unique parameters and higher added value, which is a key focus for the company.

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