Search EN menu en EIB GROUP CLIENT PORTAL
Close EIB GROUP CLIENT PORTAL
Search
Search
Results
Top 5 search results See all results Advanced search
Top searches
    Most visited pages

        SAICA VENIZEL

        Signature(s)

        Amount
        € 43,700,000
        Countries
        Sector(s)
        Spain : € 7,450,000
        France : € 36,250,000
        Industry : € 43,700,000
        Signature date(s)
        19/06/2008 : € 7,450,000
        19/06/2008 : € 36,250,000
        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - FR

        Summary sheet

        Release date
        17 December 2007
        Status
        Reference
        Signed | 19/06/2008
        20070293
        Project name
        Promoter - financial intermediary
        SAICA Venizel
        Sociedad Anónima Industrias Celulosa Aragonesa (SAICA)
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 43.7 million.
        Approximately EUR 87.4 million.
        Location
        Sector(s)
        Description
        Objectives

        The project concerns primarily environmental and RDI investments in France and Spain respectively.

        The RDI programme of the project aims to improve and consolidate the promoter’s competences in paper board production and product technologies whereas the modernization of the paper machine aims at changing the raw material of the mill to using 100% waste paper instead of semi-chemical pulp, this latter being less environmentally friendly

         

        Environmental aspects
        Procurement

        In accordance with the Bank’s environmental policy, SAICA will ensure that the national legislations and EU directives will be applied as regards the environmental protection. Full environmental details will be assessed during the appraisal, including possible impacts on protected flora and fauna (Habitats’ 92/43/EEC and Birds’ 79/409/EEC Directives).

         

        The promoter is a private company that is not operating in the Utilities sector, and is thus not covered by EU Directives on procurement. The promoter carries out competitive international consultations among potential suppliers for goods and services, which is standard practice for this industry.

        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - FR

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

        Related publications