PROJECT

Projects

Summary of Investment Information

Project Number

31836

Company Name

KIPAS KAGIT SANAYI ISLETMELERI ANONIM SIRKETI

Date SPI Disclosed

May 10, 2012

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Jun 15, 2012

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Nov 30, 2016

Department

Regional Industry MAS MCT

Industry

Agribusiness and Forestry

Previous Events

Approved : Jun 11, 2012
Signed : Jul 5, 2012
Invested : Nov 16, 2012

Sector

Paperboard (Including Boxboard, Fiberboard)

Project Description

Kipas Kagit A.S, a subsidiary of the Kipas Group, is embarking on a new project to set up a recycled fiber based greenfield corrugated paper and cardboard facility, with a capacity of 450,000- 480,000 tons per annum (tpa) in Kahramanmaras, Turkey. Through its corrugated cardboard investment, Kipas intends to take advantage of the growth of the packaging industry in Turkey, in particular in the South and Eastern parts of the country.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation