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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

    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.

    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 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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