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Signature(s)

Amount
€ 81,806,282.72
Countries
Sector(s)
United Kingdom : € 81,806,282.72
Industry : € 81,806,282.72
Signature date(s)
19/04/2004 : € 81,806,282.72
Link to source

Summary sheet

Release date
18 September 2003
Status
Reference
Signed | 19/04/2004
20030275
Project name
Promoter - financial intermediary
Design, construction and commissioning of industrial gases production facilities in EU Member States or in the Acceding Countries
A major producer of industrial gases.
Proposed EIB finance (Approximate amount)
USD 100 million (EUR 89 million)
Location
Sector(s)
Description
Objectives

The project comprises the promoter’s investment programme involving the design, construction and commissioning of industrial gases production facilities in EU Member States or in the Acceding Countries.

The use of industrial gases in the chemical and refining industry normally results in cleaner and more efficient operation of the downstream processes leading to energy savings and environmental improvements. A substantial part of the investment is expected to be located in regional development areas.

Environmental aspects
Procurement

The project will comply with all applicable environmental legislation and regulations.

Procurement regulations do not apply to this private industry project. The promoter carries out competitive enquiries among potential suppliers for goods and services, as is usual in the industry.

Comments

Industrial gases.

Other links

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).

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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.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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