Release date: 10 January 2018
Promoter – Financial Intermediary
KEMIRA OYJLocation
Description
Investments in RDI related to specialty chemicals in 2017-2020.
Objectives
The project will contribute to improving and safeguarding the promoter's future competitiveness in the chemical industry. These investments typically aim at the adaptation and development of more efficient and environmentally-friendly process technologies and products.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
EUR 92 million
Environmental aspects
The project concerns investments in research and development that are not specifically listed in the EIA's Directive Annex I or II and that will be carried out in existing facilities without changing their already authorised scope. An Environmental Impact Assessment (EIA) is therefore not required under Directive 2014/52/EU amending the EIA Directive 2011/92/EU.
Procurement
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 EU Directives on procurement.
Status
Signed - 28/03/2018
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).