Release date: 6 September 2019
Promoter – Financial Intermediary
PURATOS GROUP NVLocation
Description
The project will finance Puratos'research, development and innovation (RDI) programme in food ingredients and new innovative products for capital expenditure for 2019-2021, mainly carried out in Belgium. This operation would be the third loan to the promoter, following-up its RDI programme 2016-2018.
Objectives
The operation targets the promoter's RDI programme in the areas of new ingredients, food processing technology, big data analysis, and sensorial analysis to develop healthier and more sustainable solutions for its customers.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 108 million
Environmental aspects
The project concerns investments expected to be carried out in existing facilities, already authorised, and which would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. At appraisal, it will be determined if any of the activities to be carried out would require a change to existing environmental permits
Procurement
The promoter is a private company not operating in the utilities sector, and is thus not covered by EU directives on procurement.
Status
Signed - 18/12/2019
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).