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Signature(s)

Amount
€ 127,879,642.7
Countries
Sector(s)
Germany : € 17,903,149.98
The Netherlands : € 17,903,149.98
Israel : € 92,073,342.74
Industry : € 127,879,642.7
Signature date(s)
30/11/2016 : € 17,903,149.98
30/11/2016 : € 17,903,149.98
30/11/2016 : € 92,073,342.74
Link to source
Data sheet

Summary sheet

Release date
13 April 2016
Status
Reference
Signed | 06/12/2016
20150669
Project name
Promoter - financial intermediary
ICL RDI
ISRAEL CHEMICALS LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 119 million (USD 136 million)
EUR 240 million (USD 273 million)
Description
Objectives

Investment programme for research and development (R&D) for 2016-2019

The project aims to improve existing products and processes, in terms of both efficiency of production and environmental performance, as well as at increasing the promoter's competitiveness and expanding the company's business through the development of high-added-value downstream products.

Environmental aspects
Procurement

The project mainly includes R&D activities that are not specifically mentioned under the Environmental Impact Assessment (EIA) Directive and that will be carried out in existing facilities without changing their already authorised scope. The project would therefore not require an EIA.

For activities planned outside the EU, the Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Link to source
Summary sheet
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) - ICL RDI
Publication Date
28 Jun 2016
Document language
Main Topic
Lending
Document Number
67287195
Document Focus
Environmental Information
Project Number
20150669
Sector(s)
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ICL RDI
Publication Date
30 Dec 2020
Document language
Main Topic
Lending
Document Number
136054767
Document Focus
Environmental Information
Project Number
20150669
Sector(s)
Publicly available
Download now
Other links
Summary sheet
Data sheet

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 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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