The project will finance Puratos'research, development and innovation (RDI) programme in food ingredients and new innovative products for capital expenditure for 2019-2021, mainly carried out in Belgium. This operation would be the third loan to the promoter, following-up its RDI programme 2016-2018.
The operation targets the promoter's RDI programme in the areas of new ingredients, food processing technology, big data analysis, and sensorial analysis to develop healthier and more sustainable solutions for its customers.
The project concerns investments expected to be carried out in existing facilities, already authorised, and which would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. At appraisal, it will be determined if any of the activities to be carried out would require a change to existing environmental permits
The promoter is a private company not operating in the utilities sector, and is thus not covered by EU directives on procurement.
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