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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
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