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Reference: 20080001
Release date: 21 April 2008

Promoter – Financial Intermediary

Johnson Matthey Plc.

Location

Description

European Research and Development expenditures.

Objectives

The financing of the R&D-expenditures will further private sector investment in research, development and innovation and is eligible under Article 267 of the EC Treaty (c) in relation to RDI. A large part of the R&D activities will be oriented to product and process technologies, expected to have a positive environmental impact. These activities are therefore consistent with the current EC policy orientations, but also with the proposed legislation and, as such, the investments are also eligible for financing under article 267 of the EC treaty, point c) for Natural Environment: “Improving Environment and Health - Reduction of industrial pollution and - Reduction of pollution from transport”.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to GBP 100 million.

Total cost (Approximate amount)

Estimated at GBP 200 million.

Environmental aspects

No EIA is required for this project.

Procurement

EU procurement legislation does not apply to this private sector project.

Status

Signed - 12/06/2008

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).

Related tags

United Kingdom Industry