PROJECT

Projects

Summary of Investment Information

Project Number

37515

Company Name

SISECAM SODA LUKAVAC DOO

Date SPI Disclosed

May 16, 2016

Country

Bosnia and Herzegovina

Region

Europe

Projected Board Date

Jun 17, 2016

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Oct 1, 2022

Department

Regional Industry MAS LAC & EUR

Industry

Manufacturing

Previous Events

Approved : Jun 22, 2016
Signed : Jun 27, 2016
Invested : Dec 27, 2016

Sector

All Other Basic Inorganic Chemical

Project Description

Sisecam Soda Lukavac d.o.o. (“SSL”) is involved in the production of light and heavy (dense) soda and other products based on soda ash. SSL was created in 2006; from the transfer of soda ash production assets from a state owned soda ash producer. Soda ash is used as an input in glass, mining, chemicals and food supply (baking soda) sectors.

IFC is proposing to finance SSL’s corporate investment program for energy efficiency, environmental improvement projects and other corporate renovation investments (the "Project"). The proposed project will be IFC’s fourth engagement with SSL.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation