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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.

    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 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
    Other links

    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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    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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