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Company name

Trinidad Tissues Limited

Project number

15566-01

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

Trinidad and Tobago

Sector

Manufacturing

Status

Proposed

Disclosed date

09/24/2025

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

Projected board date
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11/06/2025

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 $ 30,000,000

Currency

USD

Project scope and objective

Trinidad Tissues Limited (“TTL” or the “Company”) is one of the leading paper manufacturers in the English-speaking Caribbean, with well-recognized brands and a distribution network spanning Trinidad & Tobago, CARICOM, the Dutch Antilles, Puerto Rico, the Dominican Republic, and other regional markets.

 

TTL is seeking financing of up to US$30 million, structured as follows: (i) a committed tranche of up to US$20 million to support its 2026–2027 capital expenditure program, refinance existing debt, and cover working capital needs; and (ii) an uncommitted tranche of up to US$10 million to finance additional capital expenditures, including the construction of a distribution center, as well as working capital requirements (together, the “Project”).

 

The Project’s main objectives include (i) operational efficiency and competitiveness: capital investments will enable TTL to maintain high standards of safety and efficiency, expand production capacity, achieve economies of scale, and strengthen its position in the Caribbean market with higher-value products; (ii) promote regional Integration: By increasing production, TTL will expand the availability of high-value-added products across the Caribbean; (iii) support  industrial development in Trinidad and Tobago: The Project aligns with the country’s industrial diversification agenda by fostering private-sector investment in manufacturing and creating demonstration effects for other companies in the sector; and (iv) advance sustainability: The Project will strengthen TTL’s environmental and social standards and reinforce the company’s long-term sustainability strategy.

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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.

TRINIDAD TISSUES LIMITED - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

245.8 Kb

TRINIDAD TISSUES LIMITED - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

122.9 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

PHONE NUMBER

+1 868-643-2519

POST OFFICE ADDRESS

JP88+4F2, Lennox Yearwood Expressway, Arima, Trinidad & Tobago

IDB Invest Contact

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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Learn more about how we provide private-sector solutions in the region .