Summary of Proposed Investment
Project Number
25748
Company Name
NATURE HOME HOLDING COMPANY LIMITED
Date SPI Disclosed
Mar 20, 2008
Country
China
Industry
Agribusiness and Forestry
Projected Board Date
Apr 30, 2008
Status
Completed
Sector
Wood Panels and Engineered Wood Products
Department
Gbl Ind, Manufact, Agribus & Services
Environmental Category
B - Limited
Previous Events
Approved : May 16, 2008
Signed : May 21, 2008
Invested : May 29, 2008
Project Description
The Nature group of companies comprises China Flooring Holding Co., Ltd, (Nature or the company) an offshore holding company (being incorporated) and its operating companies located in China. Having established itself as the leading solid wood flooring maker in the Chinese domestic market Nature would like to consolidate its position by:
- expanding and modernizing its manufacturing capacity particularly in the laminate and engineered flooring segments;
- securing its fiber supply by investing in own plantations; and
- improving its overall competitiveness through additional investments in brand marketing and distribution.
The company’s investment program which is expected to be implemented over the 2007-2010 period includes expansion of production facilities; establishment of new production facilities for the production of engineered and laminate flooring; backward integration into the production of veneers and core; production of Medium Density Fiberboard, development of plantations in China and continued investment in its brands and distribution channels. By the end of 2008 Nature will own and operate eight plants located in the provinces of Guangdong, Heilongjiang, Jiangsu and Jiangxi in China.
- expanding and modernizing its manufacturing capacity particularly in the laminate and engineered flooring segments;
- securing its fiber supply by investing in own plantations; and
- improving its overall competitiveness through additional investments in brand marketing and distribution.
The company’s investment program which is expected to be implemented over the 2007-2010 period includes expansion of production facilities; establishment of new production facilities for the production of engineered and laminate flooring; backward integration into the production of veneers and core; production of Medium Density Fiberboard, development of plantations in China and continued investment in its brands and distribution channels. By the end of 2008 Nature will own and operate eight plants located in the provinces of Guangdong, Heilongjiang, Jiangsu and Jiangxi in China.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Mr. Se Hok Pan, Chairman
Foshan City Shunde Yingbin Wood Industry Co., Ltd.
No.8, Longpan West Rd., New District, Daliang, Shunde, Foshan City
P.R. China, 528300
Telephone: 86-757-22916339
Fax: 86-757-22916326
Foshan City Shunde Yingbin Wood Industry Co., Ltd.
No.8, Longpan West Rd., New District, Daliang, Shunde, Foshan City
P.R. China, 528300
Telephone: 86-757-22916339
Fax: 86-757-22916326
For Inquiries and Comments About IFC, Contact
General IFC Inquiries
IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384
E Mail: Webmaster
IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384
E Mail: Webmaster
Local Access of Project Documentation
GuangDong Shunde YingRan Wood Industry Co., Ltd
No.8, Longpan West Rd., New District, Daliang, Shunde, Foshan City
P.R. China, 528300