Release date: 3 April 2006
Promoter – Financial Intermediary
Zellstoff Pöls AGLocation
Description
The Project consists of the rebuilding and capacity expansion of an existing pulp mill. It comprises a series of improvements in different locations of the mill in order to eliminate bottlenecks of production and improve the efficiency of the mill's single pulp production line.
Objectives
The Promoter's rebuilding and expansion of its activities in Pöls (Styria) is eligible under Article 267 of the EC treaty, point a) Economic and Social Cohesion - Developing or rationalising economic activity.
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 50 million
Total cost (Approximate amount)
Around EUR 100 million
Environmental aspects
The upgrade and expansion of production facilities fall under Annex I of the Directive 97/11/EC, as amended by 2003/35/EC. The promoter has carried out an Environmental Impact Assessment ("EIA") for the project, which is publicly available. Full environmental details will be assessed during appraisal, including the Natura 2000 requirement.
Procurement
Public procurement rules and regulations do not apply to this private industry project. The Promoter carries out competitive enquiries among potential suppliers for goods and services, as is usual in the industry.
Status
Signed - 29/01/2008
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).