PROJECT

Projects

Environmental Review Summary

Project Number

24379

Company Name

ARCOR S.A.I.C.

Date ERS Disclosed

Sep 13, 2005

Country

Argentina

Region

Latin America and the Caribbean

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Oct 18, 2005
Signed : Dec 8, 2005
Invested : Dec 15, 2005

Sector

Other Food

Industry

other

Department

Gbl Ind, Manufact, Agribus & Services

Project Description

The IFC project entails providing a corporate loan to Arcor Group to lengthen the maturities of its debt and finance capital expenditures. The loan will provide a debt profile that will allow Arcor to further strengthen its financial structure and improve its ability strengthen its core operations in Argentina focusing on improved efficiencies, to further expand overseas, and to foster additional partnerships in Latin America. Specific projects in efficiency improvements include a new, high efficiency boiler, scrubber and scrubber effluent management system for the La Providencia sugar mill operated in Tucumán.

Environmental and Social

Conclusion & Monitoring

Environmental and Social Documentation

File Name Actions
EAP FINAL.pdf