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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
Link to source

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.

Link to source
Other links

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 - 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
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
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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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