Release date: 30 January 2009
Promoter – Financial Intermediary
Cementos molins SACementos molins SA
Location
Description
The project concerns the modernisation of an existing cement plant located in Sant Vicenç dels Horts, 10 km from Barcelona, Catalonia.
Objectives
The project consists in the construction and operation of a single 4100 t/d state of the art production line, which would replace 3 existing production lines. The project makes efficient use of certain parts of the existing plant (cement mill, packaging, and storages).
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 60 million.
Total cost (Approximate amount)
Estimated to be around EUR 125 million.
Environmental aspects
The project falls under Annex II of EU directive 97/11 as amended and an EIA has been prepared. Authorisation (construction license) has already been obtained from the competent authorities. The project also implies significant environmental improvements.
Procurement
The promoter, a private company, operates in a liberalised sector open to free market competition and is not subject to EU Procurement Directives. The promoter obtains main equipment and services for its project via negotiated procedures amongst specialised engineering companies. This procedure is in the best interests of the project, in terms of quality, prices and timely implementation, and it is therefore in line with the Bank’s procurement policy.
Status
Signed - 12/05/2009
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).