<< Back Scottish bank raises investment in hemp insulation maker to £5 million 171 0 System Admin / Monday, January 16, 2023 / Categories: HempToday.net The Scottish National Investment Bank has boosted its investment in an Edinburgh company that makes hemp fiber-based insulation for the construction industry. The bank announced it has added £2 million (€2.25 million) in investment for Industrial Nature Ltd (IndiNature) to £3 million (€3.38 million) advanced the company in August 2021. Upgrades IndiNature, which makes hemp fiber-based thermal insulation batt for homes and commercial buildings, said it will use the money to upgrade and add equipment, and develop thermal acoustic boards and other products based on hemp that it sources from UK growers. Read More Print 0Upvote 0Downvote Tags EuropeNewsUKBuildingTransactions Related articles South Carolina bans CBD and intoxicating hemp products as states continue crackdowns German hemp company says it will diversify into vape device sales Ahead for the industry: Fiber and food, sure, but hemp will be relegated to a ‘specialty crop’ U.S. CBD company inks sponsorship deal with professional baseball league Hempcrete seen as part of eco-friendly solution to Zimbabwe’s housing shortage << Back