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    Signature(s)

    Amount
    € 70,000,000
    Countries
    Sector(s)
    Spain : € 70,000,000
    Industry : € 70,000,000
    Signature date(s)
    1/12/2016 : € 70,000,000

    Summary sheet

    Release date
    24 May 2016
    Status
    Reference
    Signed | 03/12/2016
    20160096
    Project name
    Promoter - financial intermediary
    RECYCLED PAPER CIRCULAR ECONOMY SPAIN
    SOCIEDAD ANONIMA INDUSTRIAS CELULOSA ARAGONESA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    EUR 170 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the Promoter's investments in the El Burgo de Ebro plant (Spain).

    The project foresees the production of new containerboard grades.

    Environmental aspects
    Procurement

    By virtue of its technical characteristics, the project will be under the provisions of Annex II EIA Directive 2011/92/EU (and its amending Directives). The status and details of the EIA and IED authorization procedures as well as other relevant environmental and occupational health and safety (OHS) "acquis" will be assessed at appraisal.

    The Bank would require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant EU procurement legislation.

    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) - RECYCLED PAPER CIRCULAR ECONOMY SPAIN
    Publication Date
    20 Oct 2016
    Document language
    Main Topic
    Lending
    Document Number
    66858656
    Document Focus
    Environmental Information
    Project Number
    20160096
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - RECYCLED PAPER CIRCULAR ECONOMY SPAIN
    Publication Date
    9 Jan 2021
    Document language
    Main Topic
    Lending
    Document Number
    130208540
    Document Focus
    Environmental Information
    Project Number
    20160096
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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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