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    Reference: 20080270
    Release date: 25 July 2008

    Promoter – Financial Intermediary

    Svenska Cellulosa Aktiebolaget SCA (publ)

    Location

    Description

    The project concerns the part-financing of SCA’s RDI expenditures in the 2008-2011 period.

    Objectives

    The project concerns investments in research, development and innovation related to paper-, packaging-, personal care- and tissue products.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Loan up to SEK 2 billion (EUR 211 million).

    Total cost (Approximate amount)

    Approximately SEK 4.2 billion (EUR 440 million).

    Environmental aspects

    The project concerns the continuation of current RDI practice and will be carried out within existing facilities. An EIA might therefore not be required by EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. The promoter will be obliged to assure that the provisions of the EIA Directive and those of any other relevant environmental acquis are complied with, including the possible impacts on protected flora and fauna (Habitats’ 92/43/EEC and Birds’ 79/409/EEC Directives.

    Procurement

    EU procurement regulation does not apply to this private industry project.

    Status

    Signed - 1/12/2008

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Sweden Industry