EIB backs plant proteins and green chemistry with €50m loan Funding will support the production of proteins for animal feed from oilseeds Image: Shutterstock Agro-food group Avril has been awarded a €50 million (£43.3m) loan by the European Investment Bank (EIB) to develop plant proteins and support its renewable chemistry activities. The funding will support the production of proteins for human consumption and animal nutrition from oilseeds. The oilseed meal for livestock is produced by crushing rapeseed, sunflower seeds, and protein-rich plants. Avril also produces vegetable glycerine, a by-product of the production of biodiesel and other formulas based on vegetable oils, including rapeseed, sunflower, soy and coconut.