Company name
Envases Los Pinos S.A.C.
Project number
PE3907A-01
N/A
E&S category
N/A
Country
Peru
Sector
Manufacturing
Status
In implementation
Disclosed date
11/15/2010
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
12/15/2010
Approval date
03/15/2011
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
N/A
Financing amount
USD $ 3,000,000
Currency
N/A
Project scope and objective
The purpose of this IIC operation is to provide financing to EPINSA for working capital in order to cover its current needs and the future expansion of its operations.
EPINSA is a packaging company that manufactures metal containers. It began operations in 2006 to supply the local market with tinplate products and by-products. The plant is located in the port city of Chimbote, where 80% of the Peruvian fishing industry’s commercial and processing activity takes place.
The company belongs to Grupo Comeca, which is headquartered in Costa Rica and has commercial and manufacturing operations in North, Central, and South America, as well as the Caribbean.
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Contact information
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Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
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.
ENVIRONMENTAL AND SOCIAL REVIEW
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