PROJECT

Projects

Environmental Review Summary

Project Number

22455

Company Name

ACEITERA GENERAL DEHEZA S.A.

Date ERS Disclosed

May 21, 2004

Country

Argentina

Region

Latin America and the Caribbean

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Jun 22, 2004
Signed : Jun 28, 2004
Invested : Oct 21, 2004

Sector

Other Vegetable Oil Crops (Coconut, Rapeseed, Peanut, Sunflower, etc.)

Industry

other

Department

Gbl Ind, Manufact, Agribus & Services

Project Description

The project sponsor, Aceitera General Deheza S. A. (the Company or AGD) is an Argentine agribusiness corporation whose principal activity is crushing and oil extraction from soybeans, sunflower-seeds, and peanuts. AGD ranks among the leading oilseed crushers in Argentina, exporting over 80% of sales, employing over 2,250 people, working with about 6,000 farmers and supplying Argentina and 45 countries in five continents. The project entails assisting the sponsor with implementation of its 2003-2006 investment program that includes:

- construction of new warehouses;
- crushing capacity increases; and
- high-protein soybean meal production.

Environmental and Social

Conclusion & Monitoring