Release date: 28 May 2014
Promoter – Financial Intermediary
ERAMETLocation
Description
The project concerns the promoter’s R&D activities in France (Trappes, Grenoble, Issoire) in the period 2014-2017 in the field of new materials and alloys and for the improvement of the energy efficiency and the environmental impact of the promoter’s extraction, metallurgic and transformation processes.
Objectives
The project concerns the promoter’s RDI activities: (i) in the field of metal and powder analysis, characterisation and properties evaluation; (ii) for the development of new materials and alloys also for critical applications; (iii) for the improvement of energy efficiency and environmental impact of extraction and transformation processes. The promoter’s R&D includes mainly applied research, but also some fundamental research activities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 80 million
Total cost (Approximate amount)
EUR 162 million
Environmental aspects
The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) under Directive 2011/92/EU. Any possible environmental issue will however be verified during the project appraisal.
Procurement
The promoter is a private company not operating in the Utilities sector and not having a status of contracting authority. Thus it is not covered by EU Directives on procurement.
Status
Signed - 7/10/2014
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).