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Company name

ABCO S. A.

Project number

DR1039A-01

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E&S category
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Country

Dominican Republic

Sector

Manufacturing

Status

Inactive

Disclosed date

11/12/2002

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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12/04/2002

Approval date

12/04/2002

Signed date

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Sponsoring entity

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Investment Operations Department Contact

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Investment type

Syndicated amount

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Financing amount

USD $ 5,000,000

Currency

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Project scope and objective

ABCO was established in 1999, to produce Type 1 Portland cement, which is general-purpose cement. The project involves the construction of a plant with a nominal capacity of 390,000 tons per year (tpy) at a new manufacturing facility near the town of Hatillo in the Province of Azua, approximately 98 km southwest of Santo Domingo. The production process will consist of grinding imported clinker with small amounts (5%) of locally produced gypsum. The location of the plant has been selected because the land on which the plant will be installed includes a high quality limestone deposit, should it be feasible to produce clinker in the future. Additionally, the Old Port of Azua is 25 km from the plant, thus facilitating the import of clinker.



Production of cement in a clinker mill involves grinding clinker with additives; and storing and bagging the finished product. The process produces dust that is mostly captured and recycled. The generation of fine particulates is inherent in all stages of the process.



Gases such as nitrogen oxide (NOx) and sulfur oxide (SOx) are formed from the combustion of fuel in the generation of power for the process. In the case of the Project, gas oil and fuel oils will be used as fuel. The SOx emissions are within local standards and modeling will be done to determine that they comply with international standards.




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Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

ENVIRONMENTAL AND SOCIAL REVIEW

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

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PHONE NUMBER

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POST OFFICE ADDRESS

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IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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