The Company is majority-owned by the Mesquita Souza family.   

The proposed investment consists of an A loan of up to BRL 250 million. The proceeds of the IFC loan will be used by used to support an investment program to improve the productivity of the fields surrounding Vale do Parana mill (the “Project”).

 The Project is located in Vale do Parana, Suzanópolis, which is in the state of Sao Paulo.          

 CMNP’s management is committed to the implementation of good corporate governance practices. Therefore, governance risk to development impacts is considered low.

This is a Category B project according to IFC's Policy on Environment and Social Sustainability (2012). Based on information reviewed by IFC, the proposed project will have limited adverse E&S impacts that are few, site specific, largely reversible, and readily addressed through existing mitigation measures and good international industry practices (GIIP) described in this document and the attached E&S Action Plan (ESAP).  Sugar cane plantation and harvesting is fully mechanized. Additional E&S risks and impacts of the project are linked to water consumption, air emissions from biomass boilers, generation of waste, reuse of industrial effluents for fertirrigation, bagasse fires and dust explosions in the industrial facilities, occupational health and safety, exposure of workers to heat and pesticides in plantations, provision of safe working conditions, and exposure of communities to pesticides, truck traffic, and malicious fires, and further fragmentation and degradation of natural habitats.