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        EUROPAC PAPER PRODUCTION UPGRADE

        Signature(s)

        Amount
        € 100,000,000
        Countries
        Sector(s)
        Portugal : € 24,500,000
        Spain : € 31,910,000
        France : € 43,590,000
        Industry : € 100,000,000
        Signature date(s)
        27/07/2012 : € 2,450,000
        10/12/2014 : € 2,450,000
        27/07/2012 : € 3,191,000
        10/12/2014 : € 3,191,000
        27/07/2012 : € 4,359,000
        10/12/2014 : € 4,359,000
        30/10/2013 : € 4,900,000
        27/07/2012 : € 4,900,000
        30/10/2013 : € 6,382,000
        27/07/2012 : € 6,382,000
        30/10/2013 : € 8,718,000
        27/07/2012 : € 8,718,000
        8/01/2013 : € 9,800,000
        8/01/2013 : € 12,764,000
        8/01/2013 : € 17,436,000
        Other links
        Related public register
        08/07/2016 - Environmental and Social Data Sheet (ESDS) - EUROPAC PAPER PRODUCTION UPGRADE
        Related public register
        01/01/2019 - Environmental and Social Completion Sheet (ESCS) - EUROPAC PAPER PRODUCTION UPGRADE

        Summary sheet

        Release date
        3 January 2012
        Status
        Reference
        Signed | 27/07/2012
        20110271
        Project name
        Promoter - financial intermediary
        Europac Paper Production Upgrade

        Papeles y Cartones de Europa SA

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 100 million
        EUR 232 million
        Location
        Sector(s)
        Description
        Objectives

        The project consists of investments within the 2011-2014 strategic plan to upgrade papermill and paperboard installations in Spain, France and Portugal. Further, an increase of the promoter’s forestry assets is included.

        The investments will help to produce lighter, more resource efficient products, based on more energy efficient technologies.

        Environmental aspects
        Procurement

        The project consists mainly in the upgrading of existing paper mills that have operational permits issued in accordance with IPPC Directive for the final capacities.

        The promoter is a private company that is not operating in the utilities sector, and is thus not covered by EU Directives on procurement.

        Related documents
        08/07/2016 - Environmental and Social Data Sheet (ESDS) - EUROPAC PAPER PRODUCTION UPGRADE
        01/01/2019 - Environmental and Social Completion Sheet (ESCS) - EUROPAC PAPER PRODUCTION UPGRADE

        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) - EUROPAC PAPER PRODUCTION UPGRADE
        Publication Date
        8 Jul 2016
        Document language
        English
        Main Topic
        Lending
        Document Number
        67600824
        Document Focus
        Environmental Information
        Document Type
        Environmental and Social Data Sheet (ESDS)
        Project Number
        20110271
        Sector(s)
        Industry
        Regions
        European Union
        Countries
        France
        Portugal
        Spain
        Publicly available
        Download now
        or Link to source
        Environmental and Social Completion Sheet (ESCS) - EUROPAC PAPER PRODUCTION UPGRADE
        Publication Date
        1 Jan 2019
        Document language
        English
        Main Topic
        Lending
        Document Number
        83111762
        Document Focus
        Environmental Information
        Document Type
        Environmental and Social Completion Sheet (ESCS)
        Project Number
        20110271
        Sector(s)
        Industry
        Regions
        European Union
        Countries
        France
        Portugal
        Spain
        Publicly available
        Download now
        or Link to source
        Link to source
        Related public register
        08/07/2016 - Environmental and Social Data Sheet (ESDS) - EUROPAC PAPER PRODUCTION UPGRADE
        Related public register
        01/01/2019 - Environmental and Social Completion Sheet (ESCS) - EUROPAC PAPER PRODUCTION UPGRADE
        Other links
        Summary sheet
        Europac Paper Production Upgrade
        Data sheet
        EUROPAC PAPER PRODUCTION UPGRADE

        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.

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

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        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.

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        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