Project Detail |
Provision of a long-term loan of up to EUR 90 million to Johnson Matthey Plc (the "Company"), a speciality chemicals company, for the construction of an electric vehicles battery cathode material factory in Konin, Poland (the "project").
Project Objectives
The project supports the companys investment plan to produce ultra-high energy battery materials in Konin, Poland, and to supply major customers in the battery electric vehicle supply chain.
Transition Impact
ETI score: 60
The transition impact of the proposed project will be derived from the Green quality. The project is expected to result in major CO2 emission savings through energy efficiency gains of a green product (electric vehicle batteries) replacing conventional internal combustion engines. |