PROJECT

Projects

Summary of Investment Information

Project Number

34144

Company Name

MAPEI SPA

Date SPI Disclosed

Feb 28, 2014

Country

World Region

Region

Global

Projected Board Date

Mar 31, 2014

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Feb 27, 2025

Department

Regional Industry MAS MCT

Industry

Manufacturing

Previous Events

Approved : Apr 16, 2014
Signed : May 19, 2014
Invested : Jun 24, 2014

Sector

All Other Chemical Product

Project Description

The proposed investment consists of an IFC senior loan of Euro 50 million to Mapei SpA to finance its capital investment program in emerging markets, including facilities in Turkey, Mexico, Egypt, Panama, India, Russian Federation and other emerging countries (the “Project”). The Mapei Group producers and develops adhesives, sealants, waterproofing agents, concrete additives and other specialty chemicals for the construction industry.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation