Release date: 18 September 2012
Promoter – Financial Intermediary
FLSMIDTH & CO A/SLocation
Description
The project concerns the promoter's RDI programme 2013-2016 for the cement industry, focusing on developing innovative products as well as more efficient production processes.
Objectives
Development of technologies that reduce the environmental impact of production processes (in particular the reduction of atmospheric emissions) and improve their energy efficiency.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 235 million
Environmental aspects
The project concerns investments in Research, Development and Innovation that will be carried out in existing facilities already authorised, for which an Environmental Impact Assessment (EIA) is therefore not required by EIA Directive 2011/92. The output of the investment programme is associated with significant environmental benefits: one of its targets is the development of technologies that reduce the environmental impact of production processes (in particular the reduction of atmospheric emissions) and improve their energy efficiency.
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 - 15/01/2013
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).