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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Germany : € 100,000,000
Industry : € 100,000,000
Signature date(s)
17/12/2014 : € 100,000,000
Link to source

Summary sheet

Release date
22 December 2014
Status
Reference
Signed | 17/12/2014
20140571
Project name
Promoter - financial intermediary
GLUCOSE AND ETHANOL PLANT
Private companies
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 208 million
Location
Sector(s)
Description
Objectives

The project concerns investments in (i) the construction and operation of a new glucose and gluten production unit and (ii) an adaptation of the existing bioethanol plant to divert part of its production into Extra Neutral Alcohol (ENA). Both project components are developed on the existing production sites of the promoters' at Zeitz, eastern Germany.

Both sub-projects aim at broadening the range of food and industrial products produced by the promoters. The sub-projects will share central facilities with the existing units at the industrial complex. The extension to the existing wastewater treatment plant (WWTP) of the bioethanol plant is required to accommodate increased waste water flows.

Environmental aspects
Procurement

The sub-projects fall under Annex II of Environmental Impact Assessment (EIA) Directive 2011/92/EU. The promoters have submitted project documentation, including a preliminary Environmental Impact Assessment, to the competent authorities. After the corresponding public consultation procedure, authorities have screened the glucose and gluten production plant out. An Environmental Impact Study (EIS) was submitted in early 2014 for the extension project of the bio-ethanol plant. The plant will be built within the existing industrial facilities and will thus only have negligible additional visual impact on the landscape. Because of the project's location any significant negative impact on any site of nature conservation is considered unlikely to occur. There are no Natura 2000 sites in the surroundings of the plant.

The two promoters are private companies of industrial or commercial character, not operating in the utilities sector as their main economic purpose, and are therefore not subject to EU directives on procurement. They apply well-established procurement procedures that are in line with the standard practice for this industry, in the best interests of the project and therefore in line with the Bank’s procurement policy for private industry projects.

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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 Impact Assessment (ESIA) - Environmental Impact Assessment (EIS) -GLUCOSE AND ETHANOL PLANT
Publication Date
23 Jan 2015
Document language
Main Topic
Lending
Document Number
57154590
Document Focus
Environmental Information
Project Number
20140571
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - GLUCOSE AND ETHANOL PLANT
Publication Date
14 Feb 2015
Document language
Main Topic
Lending
Document Number
57485276
Document Focus
Environmental Information
Project Number
20140571
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - GLUCOSE AND ETHANOL PLANT
Publication Date
16 Nov 2017
Document language
Main Topic
Lending
Document Number
76740884
Document Focus
Environmental Information
Project Number
20140571
Sector(s)
Regions
Countries
Publicly available
Download now
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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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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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