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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Germany : € 200,000,000
    Industry : € 200,000,000
    Signature date(s)
    14/10/2016 : € 200,000,000

    Summary sheet

    Release date
    30 May 2016
    Status
    Reference
    Signed | 20/10/2016
    20160153
    Project name
    Promoter - financial intermediary
    WACKER CHEMIE AG RDI
    WACKER CHEMIE AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 450 million
    Location
    Sector(s)
    Description
    Objectives

    Financing of Wacker Chemie AG's investments in research and development (R&D) related to chemical products (silicons, polymers, biosolutions, basic research and application technology)

    The project will contribute to the promoter's research and development work, focusing on 12 key strategic projects in the fields of renewable energy, biotechnology, construction applications, and closed-loop production processes.

    Environmental aspects
    Procurement

    The project consists of R&D activities that are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by 2014/52/EU) and that will be carried out in existing facilities without changing their already authorised scope. The project would therefore not require an EIA. However, the Bank's services will review during the project appraisal all the project-related environmental details.

    The promoter is a private company not operating in the Utilities sector and not having a status of a contracting authority. Thus it is not covered by EU directives on procurement.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - WACKER CHEMIE RDI
    Publication Date
    12 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67652138
    Document Focus
    Environmental Information
    Project Number
    20160153
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - WACKER CHEMIE RDI
    Publication Date
    6 Apr 2022
    Document language
    Main Topic
    Lending
    Document Number
    153558068
    Document Focus
    Environmental Information
    Project Number
    20160153
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links
    Summary sheet
    Data sheet

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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