Summary of Proposed Investment
Project Number
29628
Company Name
Latapack-Ball Embalagens Ltda.
Date SPI Disclosed
Nov 3, 2010
Country
Brazil
Industry
Manufacturing
Projected Board Date
Dec 3, 2010
Status
Completed
Sector
Metal Can and Other Metal Container (Including Aluminum Beverage Cans)
Date Revised SPI Disclosed
Oct 11, 2012
Department
Gbl Ind, Manufact, Agribus & Services
Environmental Category
B - Limited
Previous Events
Approved : Dec 15, 2010
Signed : Apr 15, 2011
Invested : Jun 30, 2011
Project Description
Headquartered in the city of Sao Paulo, Latapack-Ball Embalagens Ltda (“Latapack” or the “Company”) is an established Brazilian manufacturer of aluminum beverage cans.
Founded in 1995, Latapack is Brazil’s third-largest producer of aluminum cans, mainly for Brazilian brewing companies, with a 18% domestic market share. The Company has three production facilities: (i) a can body plant in Jacareí, São Paulo State; (ii) another can body plant in Três Rios, Rio de Janeiro State, and (iii) a can end plant in Simões Filho in the State of Bahia.
Latapack is undertaking an Investment Program consisted of the installation of a new plant at the city of Alagoinhas, in the state of Bahia to produce aluminum can bodies on 3 sizes, 12oz, 16oz and sleek. The new plant will respond to the rapidly growing market demand for aluminum cans in Brazil and especially to the country’s Northeast Region. Also, Latapack will increase its can end capacity in its Simões Filho plant to meet the additional production from Alagoinhas plant.
Founded in 1995, Latapack is Brazil’s third-largest producer of aluminum cans, mainly for Brazilian brewing companies, with a 18% domestic market share. The Company has three production facilities: (i) a can body plant in Jacareí, São Paulo State; (ii) another can body plant in Três Rios, Rio de Janeiro State, and (iii) a can end plant in Simões Filho in the State of Bahia.
Latapack is undertaking an Investment Program consisted of the installation of a new plant at the city of Alagoinhas, in the state of Bahia to produce aluminum can bodies on 3 sizes, 12oz, 16oz and sleek. The new plant will respond to the rapidly growing market demand for aluminum cans in Brazil and especially to the country’s Northeast Region. Also, Latapack will increase its can end capacity in its Simões Filho plant to meet the additional production from Alagoinhas plant.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Jorge Angel Rosa Garcia, CFO
Rua do Rocio, 199 – 7º andar
Sao Paulo, SP – Brazil
04552-000
Phone: + 55 11 2171-2423
Facsímile: +55 11 2171-2401
mailto:jangel@latapack.com.br
Rua do Rocio, 199 – 7º andar
Sao Paulo, SP – Brazil
04552-000
Phone: + 55 11 2171-2423
Facsímile: +55 11 2171-2401
mailto:jangel@latapack.com.br
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
Latapack’s Main Office
Rua do Rocio, 199 – 7º andar
Sao Paulo, SP – Brazil
04552-000
São Paulo Plant
Rodovia Geraldo Scavone, 2400
Jardim Califórnia
CEP.: 12305-490 - Jacareí – SP - Brasil
Bahia Plant
Via Ipitanga n.º 468 - Cia Sul
CEP.: 43780-000 - Simões Filho - BA
Três Rios Plant
Rodovia BR 040, Km 20
Moura Brasil – Três Rios – RJ
CEP.: 25821-490
The Company will make adequate public disclosure of this transaction in the Brazilian business and trade press. Once Latapack select the new site in Alogoinhas, it will disclose locally the intention to build a new plant previous to initiate the construction and will communicate to IFC the disclosure site
To contact the project Company, please write to:
Jorge Angel Rosa Garcia, CFO
Rua do Rocio, 199 – 7º andar
Sao Paulo, SP – Brazil
04552-000
Phone: + 55 11 2171-2423
Facsímile: +55 11 2171-2401
mailto:jangel@latapack.com.br
Rua do Rocio, 199 – 7º andar
Sao Paulo, SP – Brazil
04552-000
São Paulo Plant
Rodovia Geraldo Scavone, 2400
Jardim Califórnia
CEP.: 12305-490 - Jacareí – SP - Brasil
Bahia Plant
Via Ipitanga n.º 468 - Cia Sul
CEP.: 43780-000 - Simões Filho - BA
Três Rios Plant
Rodovia BR 040, Km 20
Moura Brasil – Três Rios – RJ
CEP.: 25821-490
The Company will make adequate public disclosure of this transaction in the Brazilian business and trade press. Once Latapack select the new site in Alogoinhas, it will disclose locally the intention to build a new plant previous to initiate the construction and will communicate to IFC the disclosure site
To contact the project Company, please write to:
Jorge Angel Rosa Garcia, CFO
Rua do Rocio, 199 – 7º andar
Sao Paulo, SP – Brazil
04552-000
Phone: + 55 11 2171-2423
Facsímile: +55 11 2171-2401
mailto:jangel@latapack.com.br