PROJECT

Projects

Summary of Investment Information

Project Number

42477

Company Name

COOPERATIVA NACIONAL DE PRODUCTORES DE LECHE

Date SPI Disclosed

May 20, 2019

Country

Uruguay

Region

Latin America and the Caribbean

Projected Board Date

Jun 21, 2019

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jun 12, 2021

Department

Regional Industry MAS LAC & EUR

Industry

Agribusiness and Forestry

Previous Events

Approved : Jun 27, 2019
Signed : Jul 29, 2019
Invested : Apr 7, 2020

Sector

Dairy Products

Project Description

  Cooperativa Nacional de Productores de Leche (“Conaprole”) is Uruguay’s leading dairy producer and one of the lowest cost producers in the world. Conaprole has eight production plants in which they produce a wide range of dairy products including liquid milk, milk powder, yogurt, cheese, butter, ice cream, and milk by-products, both for the local and export market.

The Project consists on: i) expansion of milk powder capacity at its Villa Rodriguez plant to produce more value-added products; ii) revamp the plants’ waste water treatment plants; and iii) replace the existing boiler system with a more efficient one.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation