Geely Group Invests in Iceland’s Carbon Recycling International in Further Step Forward for New Energy & Methanol Vehicle Efforts
03 July 2015
Zhejiang Geely Holding Group (Geely Group) today announced plans to invest a total of US $45.5 million in Carbon Recycling International (CRI). The investment consists of an initial investment and additional purchases of CRI equity over a three-year period. Geely Group will become a major shareholder of CRI and will gain representation on the company's Board of Directors.