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    Signature(s)

    Amount
    € 70,000,000
    Countries
    Sector(s)
    Italy : € 70,000,000
    Industry : € 70,000,000
    Signature date(s)
    3/06/2014 : € 70,000,000

    Summary sheet

    Release date
    3 April 2013
    Status
    Reference
    Signed | 03/06/2014
    20120484
    Project name
    Promoter - financial intermediary
    GREEN CHEMICALS SITE DEVELOPMENT
    Private company operating in bio-based chemical sector
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 70 million
    EUR 459 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the promoter's investment for the development of a "green chemical" site for the production of biodegradable monomers and biodegradable lubricant oils in a first stage as well as bio-polymers in a second stage. The site will be located within an existing petrochemical site in Sardinia, Italy.

    The investments will be implemented in Sardinia, a Convergence Region (Phasing-in Region 2007-2013). The project has the objective to substantially transform an existing petrochemical site into a production and R&D centre in the field of "green chemistry". The project implementation is therefore expected to bring about positive social and economic benefits in Sardinia, notably enabling the requalification and preservation of an existing industrial site, the preservation and increase of direct and indirect employment in the region during the project implementation and operation, the contribution to local economic growth and the development of new enterprises supplying the site as well as of the local agricultural sector.

    Environmental aspects
    Procurement

    The project concerns investments in integrated chemical installations for the production of basic organic chemicals. An Environmental Impact Assessment (EIA) is therefore required under the Directive 2011/92/EU. Any possible environmental issue will be verified during the project appraisal.

    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.

    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) - MATRICA SARDEGNA GREEN CHEMICALS
    Publication Date
    3 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    47804088
    Document Focus
    Environmental Information
    Project Number
    20120484
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - MATRICA SARDEGNA GREEN CHEMICALS - Allegato 1 - Indice generale degli elaborati presentati
    Publication Date
    20 Sep 2016
    Document language
    Main Topic
    Lending
    Document Number
    53218467
    Document Focus
    Environmental Information
    Project Number
    20120484
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - MATRICA SARDEGNA GREEN CHEMICALS
    Publication Date
    17 Jun 2014
    Document language
    Main Topic
    Lending
    Document Number
    53222448
    Document Focus
    Environmental Information
    Project Number
    20120484
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - MATRICA SARDEGNA GREEN CHEMICALS - Inserimento visivo nel contesto territoriale dell'intervento
    Publication Date
    20 Sep 2016
    Document language
    Main Topic
    Lending
    Document Number
    53219972
    Document Focus
    Environmental Information
    Project Number
    20120484
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - MATRICA SARDEGNA GREEN CHEMICALS
    Publication Date
    24 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    123766497
    Document Focus
    Environmental Information
    Project Number
    20120484
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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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    Zero tolerance against fraud and corruption

    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.

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