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
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
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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Contact information
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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
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
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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