BioCMPC Project, Brazil
The Swedish Export Credit Agency (EKN) is considering a guarantee for financing of equipment to the BioCMPC project in Brazil. The project aims to increase of the Guaíba plant’s annual production capacity from 1.5 to 1.85 air dry tonnes whilst also improving its environmental performance.
The project entails installation of new and modern equipment as well as new environmental control and management measures. It includes rebuilding the pulp drying, fibre line, evaporation and white liquor plant, as well as a new recovery boiler and new ash treatment plant.
EKN has made a preliminary classification of the project as category A. The project’s preliminary key environmental and social risks relate to plant noise levels, wood supply and expansion of forest plantations, traffic increase and air emissions. EKN conducts an Environmental and Social (E&S) due diligence of the project. EKN is engaged in close dialogue with involved parties to ensure that risks are managed in line with international standards. More information about the project can be found here.
The information was published on EKN´s website www.ekn.se on 1 Mars, 2022. Comments on the project can be made within at least 30 days. This procedure is in accordance with the OECD Recommendation on Common Approaches for Export Credit Agencies (ECAs).
Web page last updated 22 Jul 2022