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Company name

CALCEM S.A.

Project number

15037-01

Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.

E&S category
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B

Country

Peru

Sector

Manufacturing

Status

Proposed

Disclosed date

09/03/2025

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

Projected board date
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10/06/2025

Approval date

N/A

Signed date

N/A

Sponsoring entity

N/A

Investment Operations Department Contact

Corporates Division

Investment type

Syndicated amount

N/A

Financing amount

USD $ 50,000,000

Currency

PEN, USD

Project scope and objective

Calcem S.A. (“Calcem” or the “Company”) is a company incorporated in Peru for the construction and operation of a plant for the production of quicklime and calcium carbonates. The project will involve the construction of the plant and the acquisition and installation of an efficient kiln with a quicklime production capacity of 600 metric tons per day (the “Project”). The Calcem plant will be built on the existing premises of a cement plant located in the Condorcocha area. The Project will supply quicklime to the central and northern regions of the country. The Project will also involve the development of a new quarry in Caripa to provide raw materials for the plant.

The transaction consists of a long-term financing to Calcem for up to US$50 million (or its equivalent in PEN), which will be allocated to the construction and commissioning of the new lime plant.

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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.

CALCEM - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

174.1 Kb

CALCEM - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

368.6 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

PHONE NUMBER

n/a

POST OFFICE ADDRESS

Av. Carlos Villarán Nro. 502 Int. 4, Distrito de la Victoria, provincia y departamento de Lima, Perú 15034

IDB Invest Contact

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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