Nordic Investment Bank

Public bodyFinlandnib.int

Its role Investor / Financier

projects tracked
3
active
3
countries
3
partner companies
9

Nordic Investment Bank (NIB) is an international financial institution owned by the eight Nordic and Baltic countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. Headquartered in Helsinki, it provides long‑term financing to projects that strengthen competitiveness and deliver measurable environmental benefits across its member countries. NIB funds its lending mainly through bond issuance in international capital markets, including dedicated NIB Environmental Bonds.

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For the chemical industry and related value chains, NIB finances industrial investments such as process modernisation, energy efficiency and electrification, emissions and wastewater abatement, circular economy solutions, and the transition to lower‑carbon and bio‑based production. It also supports enabling infrastructure in energy and transport that underpins industrial performance. Lending is guided by a structured impact assessment covering productivity and environmental outcomes, and borrowers include corporates, utilities, municipalities and project companies.

Projects NIB is involved in

chemXplore tracks 3 projects involving NIB, of which 3 are active.

  1. none Announced / Concept
  2. none FEED / Pre-FID
  3. none FID / Sanctioned
  4. 1 project Under Construction
  5. 2 projects Commissioning & Start-up

Active projects

Closest to start-up first.

Expected start-up, by year
0 1 2 2026 2027 2028 2029 2030 2031

The dates themselves, per project, are for subscribers.

What moved recently

  • December 2025 Boliden Odda Zinc Smelter Expansion (Green Zinc Odda 4.0) · Commissioning & Start-up · Norway

NIB in chemical industry news

29 October 2026
Boliden Q3 2026: Solid mine and smelter performance

Revenue rose to SEK 30.4bn and operating profit to SEK 5.4bn (SEK 4.9bn excl. PIR). Stable production; records at Kevitsa and Harjavalta; agreement to buy 64.68% of Nexa Resources.

28 October 2026
UPM Q3 2026 — strong cash flow amid destocking and rising variable costs

Q3 sales €2,202m and comparable EBIT €131m; operating cash flow rose to €420m as working‑capital measures offset lower deliveries and higher variable costs.

15 October 2026
UPM opens Leuna biorefinery for wood-based renewable chemicals

World’s largest lignocellulosic biorefinery with 220,000 t/yr capacity converts beechwood and sawmill residues into industrial sugars and lignin for renewable chemicals and fuels.

14 September 2026
Alfa Laval to supply heat exchangers for Saipem-built Stockholm Exergi BECCS plant

Heat-exchange package will support a BECCS plant capturing, liquefying and storing up to 800,000 t/yr CO2, with operations due to start in 2028.

23 July 2026
UPM H1 2026: Q2 EBIT up 71%; plywood demerger approved and graphic paper JV agreed

Q2 comparable EBIT rose 71% to €212m; portfolio moves include a graphic paper joint venture and approved demerger of the plywood unit.

10 July 2026
Elkem Q2 2026 results: cost reductions and balance‑sheet strengthening

EBITDA fell on weak silicon prices; raised NOK 1.8bn, refinanced EUR 1bn facility and obtained NOK 750m NIB loan; Elkem Iceland reclassified as discontinued.

19 December 2025
UPM's Leuna Biorefinery Begins Commercial Production of Bio-based Chemicals

The biorefinery produces industrial sugars, enabling renewable glycols and lignin fillers, supporting the shift from fossil to bio-based materials, with full operations expected by 2026.

11 December 2025
UPM Unveils Bio-Based, NIR-Detectable, Carbon-Negative Pigment for Packaging

UPM's new pigment, derived from lignin, offers recyclability and a carbon-negative footprint, addressing black packaging's recycling challenges and supporting sustainable packaging solutions.

Where its projects are

active all projects

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Partners on its projects

The 6 sharing the most projects, of 9.