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    Signature(s)

    Amount
    € 65,000,000
    Countries
    Sector(s)
    Italy : € 65,000,000
    Industry : € 65,000,000
    Signature date(s)
    12/12/2013 : € 65,000,000
    Link to source

    Summary sheet

    Release date
    13 May 2013
    Status
    Reference
    Signed | 12/12/2013
    20130112
    Project name
    Promoter - financial intermediary
    CHEMTEX SECOND GENERATION BIOFUELS RDI
    CHEMTEX ITALIA SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 60 million
    EUR 120 million
    Location
    Sector(s)
    Description
    Objectives

    Funding of 2013-2016 research, development and innovation (RDI) investments related to development of second generation biofuels.

    The project focuses on RDI investments in the years 2013 to 2016 with the ultimate target to maximise the use of biomass for energetic purposes and further chemical processing.

    Environmental aspects
    Procurement

    The project concerns investment in research and development. A number of the proposed RDI projects, if successful, could lead to significant positive environmental benefits. The promoter will be required to comply with the provisions of the Environmental Impact Assessment (EIA) Directive 2011/92/EC and other specific environmental acquis for any modification of existing or the set-up of new research facilities. Full environmental details will be verified during the project’s due diligence.

    The promoter is a private company of industrial or commercial character, not directly operating in the utilities sector, and is thus not under the provisions of the EU Directives on procurement.

    Link to source

    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) - CHEMTEX SECOND GENERATION BIOFUELS RDI
    Publication Date
    28 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    49000380
    Document Focus
    Environmental Information
    Project Number
    20130112
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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