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    Signature(s)

    Amount
    € 380,000,000
    Countries
    Sector(s)
    Germany : € 380,000,000
    Industry : € 380,000,000
    Signature date(s)
    4/12/2019 : € 380,000,000
    Link to source

    Summary sheet

    Release date
    6 December 2019
    Status
    Reference
    Signed | 04/12/2019
    20190119
    Project name
    Promoter - financial intermediary
    BASF RDI PROGRAMME
    BASF SE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 380 million
    EUR 790 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the promoter's Research, Development and Innovation (RDI) investments in 2019 focusing on five segments, Chemicals, Materials, Industrial Solutions, Surface Technologies and Nutrition & Care, as well as on central Corporate Research.

    The project aims at strengthening the promoter's long-term competitive edge through technology and innovation leadership and comprises a well-defined portfolio of investments in RDI in several of the promoter's key business segments.

    Environmental aspects
    Procurement

    The project mainly includes RDI 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 will therefore not require an EIA under the directive 2014/52/EU. Full environmental details will be verified during the appraisal.

    The promoter is a private company not operating in the Utilities sector and not having a status of a contracting entity. Thus it is not covered by EU Directives on 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) - BASF RDI PROGRAMME
    Publication Date
    20 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    91885311
    Document Focus
    Environmental Information
    Project Number
    20190119
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - BASF RDI PROGRAMME
    Publication Date
    16 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    132135004
    Document Focus
    Environmental Information
    Project Number
    20190119
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links
    Summary 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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