Release date: 15 April 2025
Promoter – Financial Intermediary
CATALYXX INC,CATALYXX PROCESOS CATALITICOS SLLocation
Description
The project concerns an investment in Sines, Portugal, located within the Sines Industrial and Logistics Zone (ZILS) at the Port of Sines, in the Alentejo region of south-western Portugal. The project will scale up an innovative catalytic process to produce 30,000 tpa of bio-butanol from a bio-ethanol feedstock. The project will be the first of a kind deployment of the technology at commercial scale. The product will be used as an industrial intermediate, supporting the decarbonisation of the chemical sector by replacing butanol produced from fossil fuel based processes. Additionally, the project will contribute to the creation of highly skilled jobs in a less developed region, fostering economic growth and development. The investments are scheduled to take place during the period 2026-2028.
Objectives
The project will unlock the decarbonisation potential of bio-ethanol into sectors, which until now typically could not be served by the industry.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 37 million
Total cost (Approximate amount)
EUR 123 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal