Release date: 24 May 2016
Promoter – Financial Intermediary
SOCIEDAD ANONIMA INDUSTRIAS CELULOSA ARAGONESALocation
Description
The project concerns the Promoter's investments in the El Burgo de Ebro plant (Spain).
Objectives
The project foresees the production of new containerboard grades.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 80 million
Total cost (Approximate amount)
EUR 170 million
Environmental aspects
By virtue of its technical characteristics, the project will be under the provisions of Annex II EIA Directive 2011/92/EU (and its amending Directives). The status and details of the EIA and IED authorization procedures as well as other relevant environmental and occupational health and safety (OHS) "acquis" will be assessed at appraisal.
Procurement
The Bank would require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant EU procurement legislation.
Status
Signed - 3/12/2016
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).