Original disclosure @ IFC website
Updated in EWS Jan 4, 2023
Disclosed by Bank Oct 18, 2021
Can you contribute information about this project?
Contact the EWS Team
CNGR Advanced Material Co., Ltd. (“CNGR”) is an established producer of cathode precursors for lithium batteries and a major recycler of end-of-life batteries in China. According to the Bank’s website, the proposed IFC investment will support CNGR’s construction of recycling facilities for end-of-life batteries and scrapped materials in Tongren, Guizhou Province and integrated facilities in Qinzhou, Guangxi Province, both frontier regions in Southwest China.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||CNGR Advanced Material Co., Ltd.||Client||-|
CNGR Advanced Material Co., Ltd.
Mr. Bo Chang
23rd Floor, Block A, Yunda Office Building, 289 Shawan Road, Yuhua District, Changsha, Hunan Province, China
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org