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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Poland : € 300,000,000
    Industry : € 300,000,000
    Signature date(s)
    21/12/2007 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    11 December 2007
    Status
    Reference
    Signed | 21/12/2007
    20070368
    Project name
    Promoter - financial intermediary
    Aromatics Plant

    Refinery & petrochemical company

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million.
    EIB will finance up to 50% of the project cost.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the construction of a new aromatics complex that will include a 400 000 tonnes per year para-xylene (PX) plant, to be located at the promoter’s existing site, integrated with refining operations, and a 600 000 tonnes per year teraphthalic acid plant (PTA) to be located at a chemical site owned by a promoter’s subsidiary.

    Improving the margin of the integrated refining operations upstream, while expanding the promoter’s position in petrochemicals.

    Environmental aspects
    Procurement

    Full EIAs are being carried out in conformity with the requirements of the EIA directive. (link to NTS (non technical summary) will be added).

    Procurement procedures followed and applicability of EU public procurement legislation will be verified during the appraisal.

    Link to source
    Summary sheet

    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).

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