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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Spain : € 6,500,000
    Portugal : € 18,500,000
    Industry : € 25,000,000
    Signature date(s)
    10/07/2015 : € 6,500,000
    10/07/2015 : € 18,500,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    22 August 2014
    Status
    Reference
    Signed | 10/07/2015
    20140351
    Project name
    Promoter - financial intermediary
    SAPEC AGRO RDI
    SAPEC - AGRO SA
    TRADE CORPORATION INTERNATIONAL SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 50 million
    Location
    Sector(s)
    Description
    Objectives

    Funding the Sapec Group investments in Research, Development and Innovation (RDI) related to the research, development and registration of plant protection products for agricultural use covering the period from 2014 to 2019.

    To promote private sector and competitive innovation; maintain existing employment and generate new positions; launch of new products addressing farmers' needs and with an environmental and toxicological profile which will be fully compliant with the demanding regulatory framework in the EU.

    Environmental aspects
    Procurement

    The investment program foresees capital investments at the existing production sites of the Promoter to incorporate process innovations and modifications required for the production of the new products. These modifications to permitted industrial chemistry complexes could potentially fall under Annex II of the EIA Directive 2011/92/EU. Compliance of the different components of the proposed RDI investment programme with relevant EU legislation will be verified during appraisal.

    The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - SAPEC AGRO RDI
    Publication Date
    21 Apr 2015
    Document language
    Main Topic
    Lending
    Document Number
    58542928
    Document Focus
    Environmental Information
    Project Number
    20140351
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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